Industrial and Commercial Bank of China Limited Frankfurt Branch products, services and reviews

About Industrial and Commercial Bank of China Limited Frankfurt Branch

Industrial and Commercial Bank of China Limited Frankfurt Branch is the German branch of Industrial and Commercial Bank of China Limited and concentrates on serving corporate and institutional clients involved in trade and investment between Germany/Europe and China. Its offering centers on transaction banking and financing, including corporate accounts, cash management, euro and multicurrency payments (SEPA and SWIFT), trade finance (letters of credit, standby LCs, guarantees, documentary collections), supply-chain finance, bilateral and syndicated loans, project and acquisition finance, and treasury products for foreign exchange and interest rate hedging; renminbi settlement and account services are available via offshore CNH and onshore CNY channels through the group’s network. Client coverage typically includes German exporters, multinational subsidiaries, financial institutions, and Chinese outbound investors; services are relationship-driven with negotiated pricing, and there is limited provision for walk-in retail banking. The branch operates under German supervision by BaFin and Deutsche Bundesbank as a third‑country branch and is not a separate legal entity from the parent; deposits placed with the Frankfurt office may be covered by Germany’s statutory deposit guarantee (EdB) up to the legal limit per depositor, subject to eligibility by product and client category, while membership in Germany’s voluntary private deposit protection scheme is typically not applicable to such branches. Onboarding and credit processes follow standard corporate documentation with enhanced due diligence for cross‑border structures, and timelines can be longer for nonresident entities or complex ownership. Digital channels are oriented to corporate e‑banking and file-based connectivity (e.g., host‑to‑host or SWIFT for Corporates) rather than consumer mobile apps, and card or ATM services are limited. Certain products may be booked or delivered via other ICBC entities in the EU, so clients should confirm the contracting entity, applicable law, and dispute forum for each service. Overall, the Frankfurt Branch functions as a corporate banking platform with an emphasis on trade instruments, RMB capabilities, and bespoke lending, and offers a narrower set of standardized services for retail customers.