China CITIC Bank International

China CITIC Bank International for Merchants: A Practical Overview

China CITIC Bank International is a Hong Kong-based full-service commercial bank with deep corporate banking, global markets and treasury capabilities. For merchants and B2B sellers, its offering spans payments acceptance, cash management, trade finance, RMB cross-border solutions, treasury products and robust digital channels, backed by the broader CITIC network in Mainland China and key international hubs.

Why Merchants Consider China CITIC Bank International

Merchants choose China CITIC Bank International to combine day-to-day collections and payouts with the bank’s trade and treasury stack. The bank positions relationship managers and product teams around corporate needs, and leverages the CITIC network when you expand across Hong Kong, Mainland China and overseas markets.

At a glance

• Merchant acquiring and eCommerce acceptance in partnership with a global processor, covering in-store terminals and online payments.

• Cash management for accounts, payables and receivables, including payroll and local or cross-border remittances.

• Trade finance for importers and exporters, plus factoring and invoice-linked funding.

• RMB services and cross-border settlement tailored to China-related flows.

• Treasury and FX solutions to hedge exposures and manage liquidity.

• Corporate online banking to manage accounts and approvals securely at scale.

Payments Acceptance with China CITIC Bank International

Merchant acquiring for in-store and online

China CITIC Bank International partnered with First Data to launch a comprehensive range of merchant acquiring solutions in Hong Kong, including point-of-sale terminals, eCommerce acceptance and value-added services. The collaboration gives clients flexible payment acceptance in-store, on mobile and online, with support for major payment types in the market.

Faster settlement into your operating account

Settlement from the acquiring setup can be paid directly into your Business NOW account, helping shorten time to cash and centralize working capital. The bank highlighted improved visibility and control when merchants consolidate operating cash in a single account.

Cross-border consumer payments momentum

On the retail side of cross-border payments, the bank supports Payment Connect, the HKMA and PBoC initiative linking Hong Kong’s Faster Payment System with Mainland China’s payment rails for small-value, real-time remittances. For eligible customers, China CITIC Bank International is launching services and incentives aligned to this scheme. While aimed at individuals, the infrastructure underscores the bank’s broader strength in RMB connectivity that merchants with China-related customer bases often value.

Cash Management: Accounts, Payables and Receivables

A solid cash-management foundation matters once transaction volumes grow. China CITIC Bank International offers the essentials with Current Accounts, Statement Savings and Time Deposits in HKD, RMB and major foreign currencies. This mix lets finance teams keep operating balances in HKD while placing surplus liquidity in multi-currency term deposits.

On the collections and disbursements side, Payable & Receivable services cover telegraphic transfers over SWIFT, local remittances via CHATS, and a payroll service that can accept machine-readable instruction files and produce comprehensive reports. These are the building blocks for continuous supplier payouts, cross-border settlements and monthly payroll runs.

Trade Finance Built for Importers and Exporters

Merchants that import inventory or export to global buyers can access a full menu of trade instruments.

Import trade solutions

China CITIC Bank International supports import LCs, back-to-back LCs for intermediaries, standby LCs, guarantees, shipping guarantees, trust receipt loans to release goods pre-payment and invoice financing for open-account purchases. Together, these tools help you secure supply while smoothing working capital.

Export trade and receivables funding

For exporters, the bank offers DC advising and confirmation, transferred DCs, packing loans for pre-shipment needs, negotiation under DCs, export bills purchase and collection, invoice discounting and factoring. These services can accelerate cash inflows and share credit risk on overseas buyers, which is especially useful when scaling into new markets.

RMB and Cross-Border Capabilities

As an offshore platform of China CITIC Bank, China CITIC Bank International focuses on RMB corporate services. Companies can open RMB current, savings and time deposit accounts, execute RMB remittances to and from Mainland cities, access RMB trade and trade finance, and perform two-way currency exchanges to match settlement needs. The bank emphasizes its network advantage across China, Hong Kong, Macau, Singapore and the US for RMB cross-border trade settlement.

Treasury and FX Solutions for Risk and Yield

Corporate treasurers can use the bank’s Treasury & Markets platform for hedging and yield enhancement, spanning FX cash and derivatives, time deposits in HKD and major currencies, and RMB products. The bank highlights a one-stop approach to structuring hedges and deposits aligned to your risk profile and liquidity plans.

Digital Channels That Scale with Your Finance Team

China CITIC Bank International’s Corporate Online Banking provides a secure, user-friendly environment with signatory controls and access levels for distributed teams. It is designed to manage local, regional and global accounts and to keep finance leaders connected to balances, payments and approvals from anywhere.

Footprint, Heritage and Relationship Model

China CITIC Bank International operates with 23 branches and two business banking centres in Hong Kong, presence in major Mainland cities and Macau, and overseas branches in New York, Los Angeles and Singapore. The bank traces its Hong Kong heritage back a century, and today acts as a major offshore platform of China CITIC Bank Corporation within CITIC Group. For merchants, that translates into local execution with access to onshore insights and networks.

Who China CITIC Bank International suits best

• Omnichannel retailers and hospitality that need POS acceptance plus online checkout, settled fast into their operating account.

• Importers and distributors that rely on LCs, guarantees and post-shipment finance to secure supply and protect cash flow.

• Exporters and B2B suppliers who want to accelerate collections with export bills purchase or factoring while mitigating buyer risk.

• China-linked businesses that require RMB accounts, remittances and cross-border settlement options.

• Firms with FX exposure that need predictable hedging and deposit options under a single treasury relationship.

Conclusion

China CITIC Bank International brings a merchant-ready acceptance stack, bread-and-butter cash management, end-to-end trade finance, RMB cross-border depth, treasury expertise and corporate online banking that scales with your team. For businesses selling into or sourcing from Greater China, this combination can reduce friction from checkout to settlement and from purchase order to payment, all under one banking relationship.