SlideShare a Scribd company logo
Cross-border Payments andCross-border Payments and
Currency Exchange BusinessCurrency Exchange Business
with Chinawith China
PartnersPartners
• China’s Central Bank (PBOC) has approved Guangzhou
Union Pay (GZUP) to conduct B2B cross-border payment
business denominated in Renminbi (Rmb).
• Global Link (GLP), a Master Account Holder of GZUP,
currently conducts Remittance business in Hong Kong;
• AirMoolah has partnered with MercuryFX to offer
currency exchange – 60 currencies
• AirMoolah Hong Kong Limited, incorporated in Hong
Kong, is the appointed entity to internationalize the
Remittance Gateway.
AdvantagesAdvantages
• GZUP wishes to establish and market this Cross-border
Payment Gateway to enable legitimate transactions to be
performed seamlessly and efficiently with China
• Businesses will be able to transfer funds in Renminbi without
converting to US Dollars before converting to Renminbi (and
vice versa).
• Businesses need not go through the time consuming and
complicated procedures that are faced in banks
AirMoolah’s MissionAirMoolah’s Mission
• AirMoolah’s role is to seek qualified Partners worldwide
to work with GZUP. For example:
 Banks, Credit Unions, Trust Companies, Trustees
Many financial institutions do not have direct inbound and
outbound facilities for funds transfer with China. We are
interested to establish relationships with them.
 Forex/Currency Exchange Companies
Like financial institutions, FX or CE companies may not have
direct remittance gateways to China.
 Money Transfer Companies
Reputable Money Transfer Operators (MTO) that do not have
direct remittance gateways to China.
We handle legitimate B2B transactions!
Preferred TransactionsPreferred Transactions
• Corporate entities that have the need to remit
monies in and out of China (and elsewhere
worldwide):
– Business transaction payments
• Supported by Invoices, Shipping documents, Agreements,
– Payroll
• Individuals who wish to remit monies in and out of
China
– International students - Tuition fees
– Tourists industry
– Insurance
– Professional Fees
For Financing, Investment, Real Estate transactions,
call us! We may have other solutions.
Inbound WorkflowInbound Workflow
Outbound WorkflowOutbound Workflow
Process of RelationshipProcess of Relationship
• AirMoolah qualifies Partner
• AirMoolah obtains Partner’s corporate profile
• Complete bi-lingual NDA with GZUP
• Complete Account set up with GZUP by signing
Agreement
• Global Link will be co-ordinating with you after
these steps are done.
We also have relationships with ChinaPay which has the P2P
license in China.
ContactContact
Stanley Loh
stanleyloh@airmoolah.com
1-604-721-7100
Web Site:
www.airmoolah.com
ContactContact
Stanley Loh
stanleyloh@airmoolah.com
1-604-721-7100
Web Site:
www.airmoolah.com

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Remittance FX - AirMoolah

  • 1. Cross-border Payments andCross-border Payments and Currency Exchange BusinessCurrency Exchange Business with Chinawith China
  • 2. PartnersPartners • China’s Central Bank (PBOC) has approved Guangzhou Union Pay (GZUP) to conduct B2B cross-border payment business denominated in Renminbi (Rmb). • Global Link (GLP), a Master Account Holder of GZUP, currently conducts Remittance business in Hong Kong; • AirMoolah has partnered with MercuryFX to offer currency exchange – 60 currencies • AirMoolah Hong Kong Limited, incorporated in Hong Kong, is the appointed entity to internationalize the Remittance Gateway.
  • 3. AdvantagesAdvantages • GZUP wishes to establish and market this Cross-border Payment Gateway to enable legitimate transactions to be performed seamlessly and efficiently with China • Businesses will be able to transfer funds in Renminbi without converting to US Dollars before converting to Renminbi (and vice versa). • Businesses need not go through the time consuming and complicated procedures that are faced in banks
  • 4. AirMoolah’s MissionAirMoolah’s Mission • AirMoolah’s role is to seek qualified Partners worldwide to work with GZUP. For example:  Banks, Credit Unions, Trust Companies, Trustees Many financial institutions do not have direct inbound and outbound facilities for funds transfer with China. We are interested to establish relationships with them.  Forex/Currency Exchange Companies Like financial institutions, FX or CE companies may not have direct remittance gateways to China.  Money Transfer Companies Reputable Money Transfer Operators (MTO) that do not have direct remittance gateways to China. We handle legitimate B2B transactions!
  • 5. Preferred TransactionsPreferred Transactions • Corporate entities that have the need to remit monies in and out of China (and elsewhere worldwide): – Business transaction payments • Supported by Invoices, Shipping documents, Agreements, – Payroll • Individuals who wish to remit monies in and out of China – International students - Tuition fees – Tourists industry – Insurance – Professional Fees For Financing, Investment, Real Estate transactions, call us! We may have other solutions.
  • 8. Process of RelationshipProcess of Relationship • AirMoolah qualifies Partner • AirMoolah obtains Partner’s corporate profile • Complete bi-lingual NDA with GZUP • Complete Account set up with GZUP by signing Agreement • Global Link will be co-ordinating with you after these steps are done. We also have relationships with ChinaPay which has the P2P license in China.