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MKBANK has opened a direct correspondent account with Bank of China

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MKBANK has opened a direct correspondent account with Bank of China

JSCB "Microcreditbank" continues to consistently expand international financial cooperation!

A direct correspondent account in Chinese yuan (CNY) has been opened at Bank of China, one of China's largest and most prestigious banks. This innovation will further expand the bank's capabilities in the international settlement system and 

create new conveniences for customers.

    From now on, participants in foreign economic activity will carry out mutual settlements with China:

  • in national currency (CNY)
  • quickly and reliably
  • unmediated
  • at minimum cost
  • through modern banking infrastructure.

This opportunity simplifies export-import operations, reduces additional costs associated with currency conversion, and serves to organize business processes more quickly and efficiently.

Bank Information Service



See also

24 April 2026

Miсroсreditbank has signed an Engagement Letter with Oppenheimer & C

This agreement reflects the bank’s transition to a new level of cooperation with global financial institutions
17 April 2026

International Opportunities: Another Correspondent Account at Xinjiang Bank

MKBANK has opened an additional correspondent account in Chinese yuan (CNY) at Xinjiang Bank.
13 April 2026

International money transfers - a fast, convenient, and reliable solution with MKBANK

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