In an era of increasingly close global market connections, the management of cross-border capital flows has become an important issue in corporate operations. CBiBank, founded in July 2017 and headquartered in the United States, is an emerging commercial bank that focuses on providing efficient and compliant one-stop cross-border financial services for international enterprises, helping them expand overseas markets more conveniently.

CBiBank's core businesses include offshore account opening, international money transfers, e-commerce collection, and bank card processing. It can help small and medium-sized enterprises flexibly receive and pay funds globally, reduce the financial threshold for cross-border operations, and improve capital turnover efficiency. In addition to corporate online banking services, it also provides personal online banking services.

CBiBank is regulated by U.S. financial regulatory authorities and is a member of international financial networks such as SWIFT, UnionPay International, and Cross-border Interbank Payment System (CIPS). It also holds multiple business qualifications in China, including registration with the National Association of Financial Market Institutional Investors and membership in the China Foreign Exchange Trade System, ensuring the security and compliance of capital flows. Therefore, CBiBank is a safe and reliable choice for both enterprises targeting international markets and individuals with daily cross-border payment and collection needs.

Types of CBiBank Accounts

CBiBank offers two main types of account services to meet the different needs of individuals and enterprises respectively.

Personal Banking Services

CBiBank has launched two types of personal bank cards, with the following comparison of their specific features:

In terms of global remittance, CBiBank supports the free global inflow and outflow of major currencies such as USD, EUR, offshore RMB, and HKD, settles at real-time exchange rates, and provides instant remittance services with immediate arrival.

Corporate Client Services

CBiBank provides corporate online banking payment and collection accounts for corporate clients, with main functions including:

• Global trade payment and collection: Break through geographical restrictions in trade, easily handle various payment and collection scenarios, such as paying salaries to employees worldwide;
• E-commerce platform collection: Manage fund inflows from multiple e-commerce platforms through a single account;
• Debit card service: After opening a CBiBank corporate debit card, you can withdraw cash from ATMs worldwide, suitable for scenarios such as shopping mall consumption and procurement;
• International investment and financing services.

In addition, CBiBank also provides complete bank documentary services for corporate clients, including Letter of Credit, Documentary Collections, and Letter of Guarantee. Usually, these documentary services support USD, RMB, and EUR. If other currencies are needed, you can consult the bank separately.

Documents Required for CBiBank Account Opening

CBiBank supports full online account opening. Users can submit materials and complete verification through the CBiBank APP.

Personal Account Opening Materials

For personal account opening, you need to prepare identification documents, basic personal information, and materials related to financial background.

Corporate Account Opening Materials (including but not limited to)

• Company registration information, such as registration date, country of registration, registration number, etc.;
• Company operation information, including operation duration, number of employees, business type, source of funds, etc.;
• Detailed information of legal entities holding more than 25% of the company's shares and company directors, including name, nationality, date of birth, ID number, etc.

CBiBank Account Opening Fees

CBiBank has set different account plans and fee standards for individual and corporate clients, including due diligence fees, account management fees, card processing fees, etc. The specific basic fees are as follows:

Individual Clients

• Due diligence fee: 200 USD;
• Account management fee: Waived if the average monthly balance is 2,000 USD or more; 1 USD if the average monthly balance is 500 USD or more; 10 USD in other cases;
• Visa card or debit card processing fee: 9.9 USD (plus shipping fee).

Corporate Clients

• Account opening application fee: 1,030 USD for Premium Edition; 1,925 USD for Preferred Edition; 3,880 USD for Standard Edition;
• Monthly account management fee: 29 USD for Premium Edition; 55 USD for Preferred Edition; 100 USD for Standard Edition;
• Debit card processing fee: 49 USD (plus shipping fee).

Different account types apply to different countries/regions:

• Premium Edition: Applicable to Hong Kong (China), Macau (China), Taiwan (China), Singapore, South Korea, Japan, Australia, Canada, the United States, Italy, Spain, New Zealand, the Netherlands, Belgium, Luxembourg, the Czech Republic, Poland, Chile, Lithuania, Ireland, Germany, France, the United Kingdom, Serbia, Argentina;
• Preferred Edition: Applicable to the United Arab Emirates, Malaysia, India, Vietnam, Thailand, Uruguay, Brazil, Mexico, Peru, Indonesia;
• Standard Edition: Applicable to the British Virgin Islands, Marshall Islands, Cayman Islands, Bermuda, etc. (excluding countries/regions covered by Premium Edition and Preferred Edition).

CBiBank Online Account Opening Process

CBiBank's account opening supports full online application and video interview, no need to mail paper materials or go to a branch in person, saving time and effort.

Online Opening Process for Personal Accounts

The personal account opening process is convenient, and the review can usually be completed within 24 hours:

1. Download the CBiBank APP;
2. Select to register a personal account on the APP page and choose the corresponding card type;
3. Complete real-name authentication and submit personal information and relevant documents required for KYC (Know Your Customer);
4. Conduct a video interview;
5. If the application is approved, the account will be reviewed and completed within 24 hours.

Corporate Account Opening Process

The corporate account opening process is also highly online, saving time and effort for international enterprises. The review process usually takes 1-3 working days:

1. Register contact information (name and phone number) on the CBiBank official website;
2. Wait for the account manager to contact you, then submit online application materials and complete the video interview;
3. After approval (1-3 days), the account can be used, and you will receive the corporate UKEY.

CBiBank's online account opening service allows users to complete account application and review remotely without visiting a branch in person, greatly reducing the time and labor costs for enterprises and individuals. As a global-oriented bank, it supports multi-currency account opening, provides compliant and secure cross-border financial infrastructure, helps users quickly build an offshore financial system, and provides stable support for international payment and collection and fund scheduling.

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