XTransfer and CZBank Shanghai branch sign a strategic partnership agreement
XTransfer, the World’s Leading & China’s No.1 B2B cross-border trade payment platform, announced the strategic partnership agreement with the CZBank Shanghai Branch during the “XTransfer TradeVision Summit 2025”. This partnership aims to enhance collaboration in cross-border finance, allowing both parties to jointly offer Chinese foreign trade enterprises more secure, efficient, and convenient global collection and cash management services.
Senior executives from both sides attended the signing ceremony, including Bill Deng, the founder and CEO of XTransfer, and Yan Jun, the vice president of CZBank Shanghai Branch. This partnership marks a significant step forward in supporting SMEs and promoting the digital transformation of international trade.
CZBank has consistently focused on its original mission, “Serving the real economy, Serving SMEs, and Serving innovative enterprises”. The bank has extensive experience in cross-border finance and supply chain finance, along with strong service capabilities and a proven track record of continuous innovation. This year, CZBank Shanghai Branch and XTransfer are further enhancing their strategic cooperation to support Chinese exporters in efficiently establishing global collection channels and strengthening the security and convenience of cross-border capital flows.
As the world’s leading and China’s top B2B foreign trade financial platform, XTransfer is dedicated to using technology to connect SMEs with global financial institutions. XTransfer offers a wide range of financial solutions, including foreign trade payment and collection services, multi-currency cash management, and risk control services. Currently, XTransfer serves over 700,000 corporate clients worldwide.
During the signing ceremony, Bill Deng, founder and CEO of XTransfer, expressed enthusiasm about the new partnership, stating, “We are pleased to establish a comprehensive strategic partnership with the CZBank Shanghai Branch. CZBank possesses extensive experience and robust resources in cross-border financial services. By combining their strengths with XTransfer’s innovative technology and global network, we will work together to provide foreign trade enterprises with high-quality financial infrastructure, enabling them to grow steadily in global markets.”
Yan Jun, vice president of CZBank Shanghai Branch, stated, “CZBank is dedicated to supporting SMEs in their efforts to develop cross-border trade. Our partnership with XTransfer marks an important step in expanding our global financial services network. We will leverage XTransfer’s platform advantages alongside our financial expertise to create a more professional and resilient cross-border financial service system, empowering Chinese enterprises to expand their reach and operate globally.”
Looking ahead, the two parties will engage in extensive cooperation in areas such as Local Account services, multi-currency settlement, risk control system development, and expansion into emerging markets, jointly promoting innovation and upgrades within China’s foreign trade financial ecosystem.