CNY Trade/ CNH Non-trade Spot Exchange

There are two kind of RMB for spot trading – CNY (Onshore RMB) and CNH (Offshore RMB). If corporate client would like to exchange RMB for cross-border merchandise trade related with providing relevant supporting documents, client can select CNY onshore spot contract as cross-border FX exchange. For normal corporate client for non-trade related, client can use CNH offshore spot contract for RMB FX exchange.