Correspondent Banking

Correspondent Banking enables banks to access clearing, settlement, and trade-related services in foreign currencies through another bank with direct system access.

It facilitates cross-border payments, trade settlements, and liquidity management by leveraging direct memberships in key clearing systems.

Banks seeking reliable settlement, reimbursement financing, and trade support across major international currencies.

Currency clearing, reimbursement financing, documentary credit reimbursement, and liquidity advisory services.

ICICI Bank Hong Kong supports correspondent banking services in USD, HKD, EUR and RMB, subject to applicable regulations.

Yes. ICICI Bank Hong Kong is a direct member for USD and RMB clearing systems.

Reimbursement financing supports payments under Letters of Credit, helping banks manage settlement and liquidity requirements.

Yes. The Bank provides global documentary credit reimbursement services along with pre-debit advice facilities.

All services are subject to clearing house rules, regulatory guidelines, and applicable compliance requirements.

Yes. Correspondent banking services are available to banks within and outside Hong Kong, subject to onboarding and approval.