On April 3, Qiandao Enterprise Services and XTransfer, a financial services platform focusing on B2B cross-border trade payments, held a cooperation signing ceremony in Guangzhou. For a long time, Chinese enterprises conducting business in Indonesia have often faced complex foreign exchange procedures, long review cycles, and potential exchange rate risks. Some enterprises even encounter unnecessary legal and financial risks due to relying on unofficial channels. This cooperation undoubtedly provides these enterprises with a compliant, safe, fast, and low-cost one-stop foreign exchange settlement solution. Both parties will fully integrate cross-border financial capabilities with local service resources to jointly build a new overseas expansion ecosystem with dual protection of "capital chain + service chain" for China-Indonesia trade enterprises! This significantly improves capital flow efficiency and lays a solid foundation for enterprises to expand in the Southeast Asian market. As a member of the China Clearing Association and a fintech company that has reached a strategic cooperation with Bank of China, XTransfer has been providing professional and efficient cross-border payment services for foreign trade enterprises for nine consecutive years, relying on its rigorous compliance operation system and excellent reputation. At the same time, XTransfer has partnered with Deutsche Bank Jakarta Branch to help Chinese foreign trade enterprises conveniently collect and pay in local currencies in Indonesia. Local Currency Collection and Payment, Fast and Efficient Through the XTransfer platform, Indonesian buyers can directly make one-click payments in Indonesian Rupiah to the XTransfer accounts of Chinese foreign trade business owners, without currency conversion, thereby reducing transaction costs. For Chinese business owners based in Indonesia, the received payments can be directly exchanged on the XTransfer platform, settled and withdrawn as RMB to personal accounts in China, with fast turnaround time, greatly improving capital flow efficiency. One-Stop Foreign Exchange, No Limit XTransfer supports instant foreign exchange for 30+ currencies including Indonesian Rupiah. For enterprises with foreign trade businesses in multiple countries and regions, it can be a one-stop solution for foreign exchange and multi-currency collection and payment needs, enjoying preferential exchange rates. More importantly, there is no limit on foreign exchange, solving a major pain point for foreign trade business owners. Compliant Settlement, Secure Remittance Fast and efficient capital flow is key to the growth of foreign trade business. Through XTransfer, foreign trade business owners can directly settle payments to mainland corporate accounts or personal accounts, with convenient operation, safety and reliability, completely solving the problem of capital repatriation. XTransfer has a one-stop risk control service system and a powerful risk control review team to handle cross-border financial risks, ensuring the safety of client funds in all aspects.

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