Chinese Yuan definition
Examples of Chinese Yuan in a sentence
Fixed deposits are available in British Pound Sterling (GBP), US Dollars (USD), Euros (EUR) and Chinese Yuan (RMB).
You may issue Payment Orders denominated in Chinese Yuan Renminbi (“CNY”) to Bank for credit to beneficiary accounts held at banks located in mainland China provided that your Account from which the wire transfer is made is a multicurrency deposit account denominated in CNY.
Yuan refers to Chinese Yuan, RMB Working day refers to The normal business days of commercial banks in China, except on Saturday, Sundays and holidays.
Reduced rates shall be rounded at least to the nearest tenth of a percentage point or, if the rate of duty is expressed in monetary units, at least to the nearest tenth of one Chinese Yuan.
The e-money held in your Verified Account is provided to you by us, and is denominated in US Dollars, Euros, Australian Dollars, Swiss Francs, Canadian Dollars, New Zealand Dollars, South African Rand, Turkish Lira, United Arab Emirati Dirham, Thai Baht, Polish Zloty, Czech Koruna, Japanese Yen, Hungarian Forint, Norwegian Krone, Danish Kroner, Swedish Kronor, Chinese Yuan, Hong Kong Dollar, Saudi Riyal, Singapore Dollar or Pounds Sterling (or a combination as loaded by you).
In the event such payments shall be made in Chinese Yuan, such payments shall be converted into Chinese Yuan denominations based on the exchange rate between the United States dollars and the Chinese Yuan in effect as of the close of the last business day before the day the payment is due, in each case as the Company shall reasonably determine.
In the event that Customer requests to be invoiced in a currency other than United States Dollars or Chinese Yuan Renminbi, the proper amount for settlement of a transaction shall be the amount denominated in this Agreement in United States Dollars converted into the referenced foreign currency at the rate of exchange as of the Invoice date.
Accounting currency of the Joint Venture Company shall be Chinese Yuan.
The Joint Venture Company shall open a Chinese Yuan currency account and foreign currency account in approved banks in China.
The Merchant acknowledges that a Payment App may offer the User the option of converting the purchase price from Canadian or U.S. dollars to Chinese Yuan Renminbi or other foreign currencies.