Source: Thunes
Thunes, the global B2B payment infrastructure platform, and China Construction Bank (CCB), a leading commercial bank in China, have announced partnership to collaborate on cross-border payments.
With the new relationship, Thunes will support the bank to enable international payment acceptance for Chinese small to medium-sized businesses (SMBs) and introduce outbound cross-border payments for CCB’s consumers, with both products expected to be launched in 2024.
Peter De Caluwe, CEO, Thunes says: “Financial Institutions like China Construction Bank play an increasingly vital role in providing financial services in China and beyond. Our collaboration with CCB will help the bank better support their customers by working interoperably across currencies and borders.”
In June 2023, Thunes inaugurated its Beijing office and deepened its commitment to empower Chinese businesses and consumers with faster and more affordable transactions with key international markets.