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Banking services in China
As approved by the CBRC, Bangkok Bank (China) may engage in provision of all kinds of foreign exchange services to all types of customers, and Renminbi services to all business customers and foreign individuals, with the business scope of the Bank to include:
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1. Taking deposits from the public
2. Extending short-term, medium-term and long-term loans
3. Acceptance and discounting of negotiable instruments
4. Provision of letter of credit services and guarantees
5. Domestic or international settlements
6. Sales and purchase of foreign exchange and acting as an agent for selling and purchasing foreign exchange
7. Inter-bank lending
8. Credit-related investigations and consultancy services |
In addition, Bangkok Bank (China) is approved by People’s Bank of China (PBOC) to conduct a business scope of settlement and provide sales of foreign exchange against Renminbi.
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