- Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products
- Deutsche Bank becomes first European bank approved for China’s SAFE foreign currency trade payments pilot scheme
- Under the scheme, eligible clients of Deutsche Bank China will be exempt from providing supporting documents
- Compared with the traditional payment procedure, this cuts the foreign currency payment process time to just a few minutes from days
- The bank has completed its first foreign currency payment under the pilot scheme for global automotive technology company Aptiv
- As Aptiv’s banking partner, Deutsche Bank has provided us with a tailor-made pilot solution