On November 18th, 2019, Charmission Zhengzhou Branch was awarded as a Cross-border RMB Settlement Quality Enterprise in Henan Province by the People’s Bank of China. A total of 86 enterprises from various industries in Henan Province received this award, including two travel companies - one of which was Charmission.

To receive this award, companies must meet six criteria. The major ones include: consistently operating in compliance with relevant laws and regulations and having a total cross-border settlement amount of over 30 million CNY for at least two consecutive years.

This is great news for us as it will allow us to make cross-border settlements in a more convenient and faster way. We now have access to a fast lane!