福建快速落地“跨境支付通”业务

Core Viewpoint - The launch of the Cross-Border Payment System marks a significant advancement in the connectivity between mainland China and Hong Kong, providing real-time cross-border payment services for residents [1][2]. Group 1: System Overview - The Cross-Border Payment System was officially launched on June 22, 2023, under the joint efforts of the People's Bank of China and the Hong Kong Monetary Authority [1]. - This system shortens the remittance chain compared to traditional cross-border transfers, allowing for "instant" fund transfers without the need for filling in recipient address or bank codes [1]. - Residents can use mobile banking features from six pilot banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and China Merchants Bank, to facilitate cross-border remittances [1]. Group 2: Transaction Data - As of June 30, 2023, Fujian Province recorded 5,371 transactions through the Cross-Border Payment System, amounting to 25.0384 million yuan [1]. - Among these, the southbound transactions accounted for 4,175 transactions totaling 22.2766 million yuan, with tourism expenditures making up nearly 50% of this amount [1]. - The northbound transactions comprised 1,196 transactions with a total value of 2.7618 million yuan [1]. Group 3: User Experience - Residents in Fujian and Hong Kong have welcomed the new system, with users like Ms. Lin from Fuzhou praising its convenience and speed for small remittances [2]. - The People's Bank of China in Fujian will continue to guide pilot banks in promoting the service and optimizing business processes to meet the cross-border remittance needs of residents [2]. - Future expansions of the Cross-Border Payment System will focus on areas such as tuition payments, medical fees, and salary disbursements, enhancing the integration of services for residents in both regions [2].