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RMB Clearing

Product Introduction
ABC Dubai provides correspondent banks with the most efficient and convenient RMB clearing service. Our advanced clearing system are capable of conversing CIPS message automatically, selecting the optimal route of payment, providing real-time accounts payments across different time zones, backed by our experienced and responsive team.
Product Functions
1. Providing direct quotation for RMB against Dirham.
2. Providing RMB clearing services to leading financial institutions in the region.
3. Assisting regional financial institutions to participate in the China inter-bank foreign exchange market, money market and the bond market.