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Settlement Agent for Policy Bank Businesses


Settlement agent services for policy bank businesses refer to the services that SPDB provides as an agent for a Chinese policy bank's businesses, usually project loans. Such services include: loan fund transferring, monitoring the use of loan fund, loan principal and interest payment collecting, business operation information and financial status report of the borrower, and the special account services as cash collecting, RMB and FX buying and selling under current accounts, intra-region account clearing, inter-region account clearing, international trade settlement etc.




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