DBS has strengthened its cash management franchise in China by pairing strategic market access with deep payment infrastructure upgrades.
In a key development, DBS signed a landmark memorandum of understanding with the China Council for the Promotion of International Trade (CCPIT), positioning the bank as a primary gateway for Chinese corporates expanding into Asean. The arrangement integrates various teams within DBS, so treasurers moving into logistics, e-commerce and manufacturing hubs can route liquidity and collections through Singapore on a single, bank-led platform.
DBS signed a landmark MoU with the CCPIT, positioning the bank as a primary gateway for Chinese corporates expanding into Asean
DBS also advanced the efficiency of domestic RMB payment with the launch of its smart-routing universal API.
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