XCMG Brazil Bank's First RMB International Settlement Business

Recently，Passed by XCMG Brazil BankSwiftSystem and RMB account opened in China，The first RMB international settlement business was launched.，Opening up the international settlement channel of RMB in Xugong Brazil，Together with XCMG Brazil Manufacturing Company, we have written a new chapter in the integration of industry and finance.。

Since the establishment of XCMG Brazil Bank，Continuously explore the new mode of integration of industry and finance，Docking the needs of the main industry，Have successively applied for and obtained the qualification of foreign exchange settlement and sale business、Assist XCMG Brazil Manufacturing Company in USD settlement with domestic OEMs、Get through the fund exchange business of XCMG North and South America Company, etc.，The landing of the RMB international settlement business，It has further improved the level and ability of the main service industry of XCMG Bank of Brazil.，It provides a new channel for XCMG to settle international trade in RMB.，It provides a new solution for exchange rate risk control.。

Future，XCMG Brazil Bank will continue to implement the main strategy of internationalization，Strict implementation“Three high and one can”High quality development requirements，Give full play to the advantages of financial licences，Continuous innovation of financial products and services，Strive to promote the deep integration of industry and finance，Make greater contributions to the internationalization of XCMG！

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