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Can a company in PRC pay RMB to its overseas suppliers if the supplier issues a RMB invoice to the PRC company?
If a PRC company imports goods from overseas, can a company in PRC pay RMB to its overseas suppliers if the supplier issues a RMB invoice to the PRC company? Thanks.
By  
chtsang
10/02/2010
2010-02-10
Dear Sir or Madam,
 
Thanks for your attention to ETCN.
 
The Chinese company can remit RMB to its overseas suppliers, as long as the supplier's bank can accept RMB. You'd better confirm with both banks before operation.
 
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