Cross-border RMB inward loans refer to RMB operating loans BOCOM overseas branches/subsidiaries provide to domestic enterprises.
Allow enterprises to broaden financing channels and enjoy the price of ofshore RMB fund and services
Mitigate risks in currency mismatching and exchange rate risks
Process simplified as fund transfer can be appropriated without the approval of regulatory bodies
Enterprises that have RMB financing needs and foreign debt quota. The enterprises in Shanghai FTA should follow the FTA pilot policies.
Enterprises are required to provide the following materials:
Corporate Business License;Organization Code Certificate;
The latest capital verification report;Other materials required.
BOCOM may extend RMB loans to meet your funding need for your overseas direct investments or projects.
BOCOM may provide mid-term and long-term loans to the foreign importer of electromechanical products, complete plants, ships and planes and high technologies you export, to help you increase exports.
Broaden financing channels and meet the need for RMB fund
Reduce risk management costs and mitigate exchange rate risks
Process simplified as fund transfer can be appropriated for cross-border loans without the approval of regulatory bodies
Provide supporting global cash management services
Enterprises that make direct investments abroad in the form of incorporation (wholly-owned, joint venture, cooperation), M&A and shareholding.
Construction contractors that are engaged in engineering consulting, surveying, design, supervision, bidding, cost estimation, procurement, fabrication, installation, debugging, operation and management abroad;
Exporters of electromechanical products, complete plants, ships and high technologies.
Enterprises are required to provide the following materials:
Corporate Business License;Organization Code Certificate;Corresponding business contract (overseas investment, contract work, export);
Evidences of genuine trade background;Other materials required.
In addition, the following materials might be required:
Enterprises engaged in overseas direct investments are required to present Enterprise Overseas Investment Certificate (issued by the Ministry of Commerce);
Contractors of overseas projects are required to provide written permission by the Ministry of Commerce and other competent authorities, and the overseas projects undertaken must comply with relevant credit requirements of BOCOM.
BOCOM will provide you with settlement services and help the overseas lender get RMB by means of loans or bond issuance when cross-border RMB borrowing and lending happens between you and a company of equity ties with you.
Enjoy the price of ofshore RMB fund
Mitigate risks in currency mismatching and exchange rate risks
Process simplified as fund transfer can be appropriated without the approval of regulatory bodies
Companies with equity ties at home and abroad.
Enterprises are required to provide the following
materials:
Corporate Business License; Organization Code Certificate;
RMB borrowing contract between the companies; The latest capital verification report;Other materials required.