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Tag: intercompany lending

Automatic RMB cross-border sweeping set to go live

Automatic RMB cross-border sweeping set to go live

China's central bank is set to allow companies to sweep their renminbi in and out of the country as part of a new pilot programme, CT understands. The news coincides with more major developments for the currency.
Jul 8, 2013
TOP TIPS: Getting PBOC's nod to a Rmb cross-border loan

TOP TIPS: Getting PBOC's nod to a Rmb cross-border loan

J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance:
May 24, 2013
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