e-Qida: One-stop digital import and export settlement/payment solution

e-Qida

One-stop digital import and export settlement/payment solution

CoralGlobal alliance with Standard Chartered Bank focuses on launching a one-stop digital import and export settlement/payment solution for cross-border trade enterprises, helping them cope with the settlement/payment difficulties in cross-border trade.

Product Advantages

Digitally Empowering Cross-Border Trade Convenient and Speed Services

Safe and Secure

Join hands with Standard Chartered Bank to provide you with more convenient and secure foreign exchange settlement/payment services, and comprehensively control transaction risks

0 Balance Lock Exchange

Standard Chartered Bank provides real-time exchange rate quotes and supports uploading data in advance for currency locking, effectively avoiding the risk of exchange rate fluctuations

Full Online Operation

Simply provide various information and transaction payment instructions online to comprehensively improve business operation efficiency

Low Cost Solution

Free of handling fees, significantly reducing the cost of foreign exchange settlement and payment

Keeping up with Transaction Dynamics

The platform account management is synchronized with the bank acceptance receipt, the transaction record is clear, and the multidimensional business data is displayed visually

One on One Service

Exclusive customer manager for one-on-one service follows up throughout the entire process, communicates customer needs one-on-one, and provides personalized services with targeted delivery

Operation Process

Payment Process

Exchange Settlement Operation Process

01. Registration

02. Authentication

03. Locking-in

04. Payment

01. Registration

02. Authentication

03. Settlement of Exchange

04. Locking-in

FAQ

QWhich foreign currency accounts can I open at present?

AThere are currently 11 foreign currencies that can be opened: USD\HKD\JPY\GBP\EUR\CHF\AUD\CAD\NZD\SGD\SEK
QTrading Prohibited Countries

AProhibited Country List: Crimea and Sevastopol (also known as the Autonomous Republic of Crimea), Cuba, Iran, North Korea, Syria, Russia. Info will be updated with banks.
QWhat materials are required for the transaction?

A 1.For Specific Goods Trade Business
1）You need to have goods trade qualification;
2）You need to provide docs including invoice, contract, and customs declarations.
2.For Service Trade business
1）You need to provide docs including contract, invoice and tax filing forms for external payments in service trade.