Collect payments in RMB promptly
Receive funds securely and efficiently in RMB with DBS RMB Electronic and Paper Collection. Our different collection channels can give you quick access to your funds so you can concentrate on running your business. This service is suitable for those who have businesses in mainland China that receives or collects regular payments in RMB.
Why choose DBS RMB Electronic and Paper Collection?
Yes, we have been a member of CNAPS since 2008 and can provide fast, secure and hassle-free collection in RMB for your business.
Yes, you can.
Yes, you will need to have a business account with us in order to use this facility. If you do not have a business account with us, please call us at 4008208988 and we will arrange for a Relationship Manager to assist you. You may also visit our Business Account page for more information.
You can receive the payment funds electronically through IDEAL™ Connect and via IDEAL™, our online banking platform. Alternatively, you can present your paper-based collection instructions over-the-counters at one of our DBS branches and bank the funds into your account. You will be informed of your collection instructions via IDEAL™ Connect and IDEAL™, or we can mail you a paper-based advice.