Core Viewpoint - The launch of the Cross-Border Payment System marks a significant innovation in the interconnectivity of financial infrastructures between mainland China and Hong Kong, enabling real-time cross-border remittances for residents of both regions [1] Group 1 - The Cross-Border Payment System officially went live today, with the first transaction occurring in Shenzhen [1] - This system allows residents from mainland China to remit money southward and Hong Kong residents to remit money northward [1] - The service is designed to be cheaper, more efficient, and more convenient for cross-border remittances [1] Group 2 - Users can access the "Cross-Border Payment" feature through their mobile banking apps, requiring only a phone number or a combination of account name and recipient account number to complete transactions [1] - Customers have the flexibility to choose the currency for the transaction, either Renminbi or Hong Kong Dollar [1]
跨境支付通今日正式上线 全国首笔业务落地深圳
news flash·2025-06-21 23:18