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.

08/22/2025 International Settlement
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Plunging Dollar Hurts Crossborder Ecommerce Profits

Plunging Dollar Hurts Crossborder Ecommerce Profits

The recent sharp decline in the USD exchange rate has created settlement difficulties and squeezed profit margins for cross-border e-commerce businesses. Experts predict a continued downward trend, urging companies to strengthen exchange rate risk management. Strategies include leveraging financial instruments for hedging, expanding RMB settlement, optimizing supply chain management, and collaborating with financial institutions for professional risk management services. Companies need to proactively manage exchange rate fluctuations to mitigate potential losses and maintain profitability in the face of a volatile currency market.

01/06/2026 Exchange Rate Query
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USD to CNY Rate Trends for 5000 Exchange

USD to CNY Rate Trends for 5000 Exchange

This article provides a detailed analysis of the current exchange rate for converting 5000 USD to RMB, highlighting the dynamics of the foreign exchange market between the RMB and USD. It also outlines important considerations for foreign exchange trading, offering valuable exchange rate information and investment advice to readers.

08/25/2025 Exchange Rate Query
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Xtransfer Enhances B2B Global Payment Solutions

Xtransfer Enhances B2B Global Payment Solutions

XTransfer is a platform designed specifically for B2B foreign trade payments, particularly suitable for SOHO foreign trade professionals. It offers services like multi-currency collection and compliant currency exchange. Account opening is convenient and fees are reasonable, but trade supporting documents are required and risk control is strict. With XTransfer, currency exchange and withdrawal do not require submitting additional documents to the bank and are not subject to individual foreign exchange quotas, making it an ideal choice for foreign trade payment collection.

01/05/2026 International Settlement
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Ozon Payment Cycles and Thresholds A Guide for Sellers

Ozon Payment Cycles and Thresholds A Guide for Sellers

This article provides an in-depth analysis of OZON's payment mechanism, detailing the order settlement process, payment cycles and thresholds, diverse payment options, and exchange rate calculations. Through case studies and risk warnings, it aims to help cross-border e-commerce sellers efficiently and safely repatriate funds, improve capital utilization, and succeed in the OZON marketplace. It covers key aspects like understanding settlement schedules, navigating payment methods, and mitigating potential risks associated with currency conversion and platform policies, enabling sellers to optimize their financial operations on OZON.

01/04/2026 International Settlement
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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