Core Insights - The launch of "Chou Fei Tong" 3.0 by Chouzhou Bank significantly simplifies the remittance process for Nigerian importers, allowing them to transfer funds via mobile banking and receive notifications the next day [1] - Chouzhou Bank's innovative dual-track model addresses the challenges of trade settlement with Africa by partnering with local banks for direct currency clearing and collaborating with payment institutions to facilitate local currency payments [2] - As a local bank in Zhejiang, Chouzhou Bank leverages the geographical advantage of Yiwu, enhancing cross-border financial services to support the growth of new trade formats like cross-border e-commerce [3] Group 1 - Chouzhou Bank's "Chou Fei Tong" 3.0 enables Nigerian merchants to initiate naira transfers easily, resolving long-standing issues with fund recovery cycles [1] - The bank has established direct clearing for 18 local currencies in Africa, injecting financial vitality into China-Africa economic cooperation [3] Group 2 - The bank's collaboration with local African banks allows for direct settlement in currencies such as the Nigerian naira and South African rand, improving the efficiency of cross-border transactions [2] - Chouzhou Bank has also designed overseas loan financing solutions to alleviate the high costs of foreign financing for enterprises [2]
浙江稠州商业银行 直结网络链接跨境贸易新通途
Mei Ri Shang Bao·2025-08-05 23:32