Workflow
海南6家金融机构“跨境支付通”业务落地
Hai Nan Ri Bao·2025-08-14 01:01

Core Viewpoint - The launch of the "Cross-Border Payment Link" in Hainan facilitates efficient and secure cross-border payment services between Hainan and Hong Kong, meeting the demand for instant fund transfers [2][3]. Group 1: Business Implementation - Six financial institutions in Hainan, including ICBC, ABC, BOC, CCB, BOCOM, and CMB, have successfully implemented the "Cross-Border Payment Link" as of June 22 [2]. - As of July 21, these banks completed 2,593 transactions through the "Cross-Border Payment Link," totaling 16.499 million yuan [2]. - The breakdown of transactions includes 2,109 southbound remittances (from mainland to Hong Kong) amounting to 14.5826 million yuan and 484 northbound remittances (from Hong Kong to mainland) totaling 1.9164 million yuan [2]. Group 2: Service Features - The "Cross-Border Payment Link" connects China's rapid payment system with other monetary authorities' systems, providing a fast, convenient, and secure cross-border payment service for residents [2]. - This rapid payment system allows for real-time fund transfers, distinguishing it from traditional payment systems [2]. Group 3: Future Developments - The People's Bank of China Hainan Branch plans to enhance the promotion of the "Cross-Border Payment Link" and integrate it with Hainan's free trade port development and trade innovation [3]. - The initiative aims to expand business scenarios in areas such as international education, healthcare, and salary payments, providing new financial support for the island's operations [3].