Chinese RMB

RMB (Ren Min Bi) Cross Border trade settlement initiative:

Trade between Africa and China has never been easier. Enjoy transactional convenience and great savings through direct processing of CNY/RMB transfers to China and Hong Kong. With the RMB Cross Border Trade settlement, you are guaranteed savings on Foreign exchange losses by transacting directly using the Chinese Yen.

Please note not everyone in China is permitted to invoice or receive RMB from abroad. There is a list of permitted entities. Always find out if your potential receipt is allowed to receive RMB.

We look forward to serving you!

For more information, simply call our SME Banking Hotline at  +256 414340077 / +265 312294444 or send us an email on Ug.Service@sc.com to leave your information. Our Dedicated Relationship Managers will be in touch as soon as possible.