The People's Bank of China has released the new version of the "Renminbi Cross-Border Payment System Business Rules," which will come into effect on February 1, 2026, replacing the 2018 edition. The new regulations clarify the operational structure and business processes of CIPS, supporting hybrid settlement modes and various cross-border Renminbi transaction settlement services. #人民币 # Cross-Border Payment #CIPS
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The People's Bank of China has released the new version of the "Renminbi Cross-Border Payment System Business Rules," which will come into effect on February 1, 2026, replacing the 2018 edition. The new regulations clarify the operational structure and business processes of CIPS, supporting hybrid settlement modes and various cross-border Renminbi transaction settlement services. #人民币 # Cross-Border Payment #CIPS