OREANDA-NEWS. August 31, 2012. In recent years, as Chinese companies are gathering their pace to "go global", ICBC comes first to launch global cash management services to cope with their demand. The "one stop" cash management service of ICBC around the world fuels the healthy growth of Chinese "go global" companies. By end of first half of 2012, ICBC has secured nearly 2,900 global cash management corporate clients who opened more than 7,500 accounts in total. ICBC global cash management service is serving more customers around the world spanning 40+ countries/territories, reported the press-centre of ICBC. 

Currently, ICBC global cash management service is a portfolio of products that come with convenient services and value-loaded benefits covering opening of global A/C, payment authorization, MT940 statement, account enquiry, overseas staff service, centralized payment and cash pool.

Users are "go global" pacesetting companies in many industries, such as telecom services, transportation, home appliances, commercial trade, overseas projects contracting, mining and resources, biomedical pharmaceutical. Cash management services are provided for companies to manage accounts, centralize payments/receipts, set up cash pool (in home and foreign currency), invest and raise funds and manage risks, on a global scale. ICBC global cash management service enables companies to improve financial management, save cost and spread their wings around the world.