Best Corporate Payments Project in China - China Merchants Bank and ByteDance Ltd

The winning bank provided an integrated solution including the creation of a unified group capital management platform, a domestic capital pool, a cross-border capital control system as well as bank-enterprise connectivity for a Chinese social media and technology company. The bank has effectively support the tremendous international growth through a comprehensive solution that covers both domestic and overseas operations through automation of payments, bookkeeping, reconciliation and transaction reports. 

For a solution that has facilitated a large and rapidly growing Chinese social media company to effectively centralise its capital management and planning, the Best Corporate Payments Project in China goes to China Merchants Bank and ByteDance Ltd.