focus on "stabilizing foreign investment and foreign trade": the first pilot business of foreign exchange revenue and expenditure facilitation of BOC in Sichuan

出海易/ 2022-05-09
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recently, Sichuan Branch of Bank of China was approved to become the only pilot bank for foreign exchange revenue and expenditure facilitation of current account trade in the province, and successfully handled the first batch of pilot businesses for three pilot enterprises in the province at the first time, allowing enterprises to enjoy foreign exchange policy dividends at the first time. Up to now, it has handled more than 100 million US dollars of trade facilitation business.

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carrying out the pilot of trade and foreign exchange revenue and expenditure facilitation is an important step for the Sichuan Branch of the State Administration of foreign exchange to further promote the reform of" decentralization, management and service", solidly do a good job in the work of" six stabilities "and fully implement the" six guarantees " It is an important measure to support the high-quality development of open economy in Sichuan Province, improve the level of trade liberalization and facilitation, guide banks and enterprises to abide by the law and self-discipline, and play a positive incentive role

for a long time, as a Chinese bank with the highest degree of globalization and integration, the Bank of China has always been committed to promoting financial reform and innovation and escorting enterprises to "go global". After the introduction of the trade facilitation policy, BOC Sichuan responded quickly and took the initiative to implement it. With the support and guidance of the regulatory authorities, BOC Sichuan communicated with enterprise customers at the first time, formulated the management measures and operating procedures for the facilitation pilot business in combination with the policy and business reality, and was approved to become the only pilot bank for the facilitation of foreign exchange revenue and expenditure in current account trade in the province

focus on

recently, Sichuan Branch of Bank of China was approved to become the only pilot bank for foreign exchange revenue and expenditure facilitation of current account trade in the province, and successfully handled the first batch of pilot businesses for three pilot enterprises in the province at the first time, allowing enterprises to enjoy foreign exchange policy dividends at the first time. Up to now, it has handled more than 100 million US dollars of trade facilitation business.

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carrying out the pilot of trade and foreign exchange revenue and expenditure facilitation is an important step for the Sichuan Branch of the State Administration of foreign exchange to further promote the reform of" decentralization, management and service"under the deepening of the reform of" deregulation and service " The financial personnel of an electric group International Cooperation Co., Ltd. said that before the pilot, when an enterprise handles a collection and payment business, the relevant business or project department should first prepare the business data, and then submit it to the financial department for review after passing the internal audit. Finally, the settlement specialist should submit a full set of data to the bank for processing. Cross departmental and multi personnel operations often lead to repeated modification of data and long business time. After the pilot, the financial department only needs to review the data internally and submit the collection and payment order letter to the bank after receiving the collection and payment notice to complete the cross-border collection and payment business. The streamlining and optimization of the process has greatly reduced the technical training cost and labor cost of the enterprise, and the business efficiency has been significantly improved

focus on

recently, Sichuan Branch of Bank of China was approved to become the only pilot bank for foreign exchange revenue and expenditure facilitation of current account trade in the province, and successfully handled the first batch of pilot businesses for three pilot enterprises in the province at the first time, allowing enterprises to enjoy foreign exchange policy dividends at the first time. Up to now, it has handled more than 100 million US dollars of trade facilitation business.

focus on

carrying out the pilot of trade and foreign exchange revenue and expenditure facilitation is an important step for the Sichuan Branch of the State Administration of foreign exchange to further promote the reform of" decentralization, management and service"to form a market economy The market atmosphere of "more compliance, more convenience"

as the only "strategic partner" and the only "bank comprehensive service support enterprise" of the third China International Fair, Bank of China will provide high-quality and efficient financial support for the fair throughout the process. Under the guidance of the head office, BOC Sichuan will also give full play to its global and comprehensive advantages, continue to practice its responsibilities and responsibilities, implement various work such as "stabilizing foreign investment and foreign trade", "financial support for stabilizing enterprises and ensuring employment", increase financing support for small, medium-sized and micro enterprises, work with Sichuan enterprises to seek common development and go global, and fully support the high-quality development of open economy in Sichuan Province

cover news reporter Dong Tiangang

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