ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

UBSWCHZ9004 Streamlines Crossborder Transfers Safely

UBSWCHZ9004 Streamlines Crossborder Transfers Safely

This article provides a detailed analysis of the SWIFT/BIC code UBSWCHZ9004, assisting readers in ensuring the safe and efficient transfer of funds to UBS SWITZERLAND AG in Switzerland. It includes practical details such as remittance information, the composition of SWIFT codes, and when to use them, offering guidance for cross-border remittances.