Paragon Relocation, a leading provider of global relocation management services, is pleased to announce its capability of billing in Chinese Renminbi (RMB). This enhancement of Paragon’s corporate relocation funds management capabilities ensures billing flexibility for Paragon’s clients in China. The Chinese Renminbi (RMB) is a heavily regulated currency that restricts the open flow of currencies in and out of Renminbi (RMB). Paragon’s RMB billing infrastructure allows Paragon’s clients new opportunities to achieve their international relocation goals in China.
“Providing billing in Chinese Renminbi (RMB) opens many new opportunities for our clients throughout all the providences of China as we continue to expand our footprint in Asia,” said Wolfgang Hombrecher, CFO of Paragon Relocation.
For more than 20 years, Paragon Relocation has had the ability to bill in U.S. and European currencies for clients all around the world. The ability to invoice in Renminbi is a clear advantage for Paragon clients and highlights the scope of Paragon Relocation’s reach into Asia.
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