Industrial and Commercial Bank of China (EUROPE) S.A. products, services and reviews

About Industrial and Commercial Bank of China (EUROPE) S.A.

Industrial and Commercial Bank of China (EUROPE) S.A. is a Luxembourg‑incorporated subsidiary of Industrial and Commercial Bank of China Limited, operating from its head office in Luxembourg with branches in several EU markets including France, Italy, Spain, the Netherlands, Belgium, and Poland. The bank focuses on corporate and institutional banking with an emphasis on Europe‑China trade and investment flows, providing multi‑currency current and term accounts, corporate lending, trade finance instruments (letters of credit, guarantees, documentary collections, supply chain finance), cash management, and treasury services such as foreign exchange and money market products; selected locations may also offer limited services to high‑net‑worth or retail clients. Payment capabilities typically include SEPA credit transfers (and direct debits where available), TARGET2 for high‑value euro payments, and cross‑border transfers via SWIFT; accounts are commonly available in EUR, USD, and CNY, with support for renminbi settlement in coordination with the wider ICBC network. ICBC (EUROPE) S.A. is authorized and supervised by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and is subject to applicable EU prudential and conduct rules; eligible deposits are covered by the Luxembourg deposit guarantee scheme (Fonds de garantie des dépôts Luxembourg) up to EUR 100,000 per depositor, and investment services—where provided—fall under the investor compensation framework according to local and EU law. Branches operate under the Luxembourg license within the EU, and available products, currencies, and cut‑off times can differ by country. Onboarding standards reflect cross‑border AML/KYC requirements, with documentary checks for corporate ownership, source of funds, and transaction purpose; pricing is published in local fee schedules, while rates and terms for corporates are often negotiated based on volume and risk. Digital channels focus on corporate e‑banking with PSD2 strong customer authentication where applicable; card issuance and retail mobile features may be limited or unavailable in some markets. In Luxembourg there is also a separate presence of Industrial and Commercial Bank of China Limited via a branch that has acted as an offshore RMB clearing bank; customers need to verify the contracting legal entity, applicable regulator, and investor or depositor protection relevant to the account or service they use.