The Beijing E-Town branch of China Construction Bank opened an integrated multi-currency settlement account for a foreign trade enterprise in Beijing E-Town, becoming the first bank in the area to practice domestic and foreign currency integrated settlement. 

The domestic and foreign currency integrated settlement system is an important step in promoting the integration of domestic and foreign currencies, and it is also a powerful pillar for expanding the cross-border use of RMB and the opening up of the financial industry.

A view of the Beijing E-Town branch of China Construction Bank [Photo/beijingetown.com.cn]

Through the domestic and foreign currency integrated settlement account, enterprises can do multi-currency fund settlement, transaction inquiries, and fund management on one account, helping to reduce the number of accounts and effectively improving the convenience of account services.