Longjiang Bank and the Russian Asian Bank signed a contract in Yekaterinburg on July 13. If Harbin residents want to transfer RMB or Ruble to accounts in the Russian Asian Bank, they may now use their bank accounts at LoongJiang Bank. The process will take no longer than a day, and the charge will not exceed 200 RMB.

In the future, if they want to draw money out of the account, they will be able to choose the currency, RMB or Ruble. Longjiang Bank and the Russian Asian Bank also provide currency exchange work.

There are about 300 branches of the Russian Asian Bank in 18 regions in Russia. Trade financing, Rubble exchange and transfer, and RMB cross-border clearing will be easier than before.