Danfoss launches global settlement centre in SFTZ

Major global industrial company, Danfoss, will settle all its operational renminbi flows through the Shanghai Free trade Zone.
Danfoss launches global settlement centre in SFTZ

Danfoss, an industrial refrigeration manufacturer, has established a global renminbi settlement centre in the Shanghai Free Trade Zone, according to a press release from Citi dated February 15.

Sign in to read on!


Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to CorporateTreasurer.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.

Questions?

See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters