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.
If the transaction is performed by China UnionPay in Chinese Yuan, your linked RMB Account will be debited.
Registered Capital The registered capital of the Company (“Registered Capital”) shall be fifteen million Chinese Yuan (RMB15,000,000) of which each Party shall contribute fifty percent (50%) namely seven million and five hundred thousand Chinese Yuan (RMB7,500,000).
Financial statements shall be prepared in both Chinese Yuan and US Dollar.
The Bank offers a range of certificate of deposit products, savings products and structured deposits and Renminbi or Chinese Yuan deposits.
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.
The Company shall adopt Chinese Yuan as its bookkeeping base currency.
Bank Accounts The Company shall, in accordance with the laws of China, open Chinese Yuan and foreign currency accounts with banks located in Chongqing, China with [ ] having the sole signing authority for the Company accounts.
For purposes of making royalty payments due under this Agreement, Licensee shall convert Net Sales at the rate of exchange for Chinese Yuan to Dollars using the average of the daily foreign exchange rates published in the Wall Street Journal, for the calendar quarter in which such payments occurred, or for periods less than a calendar quarter, the average of the daily rates published in the Wall Street Journal, for the applicable period.