China And The World
Geoswift's China Division, has been based in Shanghai since 2007. We have a substantial operating team in our Chinese operations. Geoswift has been specially selected from a list of foreign owned entities to be awarded a national Foreign Currency Exchange operating license for the 17 Provinces by State Administration for Foreign Exchange (SAFE). Recently our license was upgraded to include domestic capability. With this upgrade, we are now able to serve the massive domestic Chinese market to provide Currency Exchange services.
Our China team also work closely with some of the well-established partners in China like Alipay and 99Bill, both domestic payment processing entities. We are also allied with strategic banking partners such as Shanghai Pudong Development Bank (SPDB) and Industrial and Commercial Bank of China (ICBC). These relationships allow us to expand local payment and settlement business capabilities, as well as, opportunities.
Our China Division is dynamic, adaptive, and constantly expanding with plans to be the largest non-bank Currency Exchange network across China. We adopt different strategic partnerships and business models to execute our vision. We are excited to help break down barriers and bridge new channels that can create a secure, open and mutually complementary business opportunity exchange between the Chinese merchants and consumers and their international counterparts.
We want to invite the world to China and also export China's marketplace to the world, facilitated by our partnership network and capabilities.

