跨境支付通上线 内地香港汇款“秒级到账”

Core Viewpoint - The launch of the Cross-Border Payment Link marks a significant innovation in cross-border payment services between mainland China and Hong Kong, facilitating efficient and convenient transactions for residents of both regions [1][2]. Group 1: Cross-Border Payment Link Overview - The Cross-Border Payment Link officially launched on June 22, allowing for "second-level" cross-border remittances between mainland residents and Hong Kong residents [1]. - The service connects the mainland's online payment interbank clearing system with Hong Kong's Fast Payment System, ensuring compliance with local laws while providing secure cross-border payment services [1][2]. - Six banks from each region are currently offering the Cross-Border Payment Link service, enhancing the efficiency and service level of cross-border payments [2]. Group 2: Transaction Limits and Use Cases - For Hong Kong ID holders, the daily limit for personal remittances is set at 10,000 HKD, with an annual limit of 200,000 HKD per participating institution, independent of the existing 80,000 RMB limit for the same name remittances [2]. - Mainland ID holders have an annual foreign exchange purchase limit of 50,000 USD [2]. - The Cross-Border Payment Link is expected to serve various practical scenarios, including salary payments, tuition fees, and medical expenses, thereby enhancing the integration of livelihoods between the two regions [2]. Group 3: Financial Cooperation and Market Integration - Recent years have seen fruitful results in financial interconnectivity between mainland China and Hong Kong, with numerous cooperative projects such as Stock Connect, Bond Connect, and Cross-Border Wealth Management Connect [3]. - A series of policies have been implemented to promote deeper integration of stock, bond, and financial derivative markets between the two regions [3]. - Collaborative measures from the People's Bank of China and the Hong Kong Monetary Authority, along with initiatives from the China Securities Regulatory Commission, have strengthened the ties between the financial markets of both regions [3].