Zhong Guo Jin Rong Xin Xi Wang·2025-09-30 11:53Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) Fangchenggang Branch is actively promoting the pilot program for integrated domestic and foreign currency bank accounts to enhance cross-border financial facilitation, making account opening simpler, fund clearing faster, and foreign exchange settlement safer [1][2]. Group 1: Implementation of Integrated Bank Accounts - The bank has developed a promotional implementation plan for the integrated domestic and foreign currency bank account system, leveraging financial technology to enable multi-currency account opening and management of 12 currencies including RMB, USD, and EUR [1][2]. - Foreign enterprises can choose to manage their domestic and foreign currency funds through multi-currency accounts or single currency accounts, enhancing service quality and efficiency [1]. Group 2: Pilot Program and Training - The bank has strategically selected pilot branches with high foreign exchange business volumes, expanding the pilot program to five branches by August 2025, covering 45.5% of the total branches in the region [2]. - Prior to project launch, the bank conducted targeted training for relevant personnel on policies, operational procedures, and customer service to ensure comprehensive understanding and skill development [2]. Group 3: Management and Efficiency Improvement - The bank is focused on optimizing service and risk control, aiming to improve the direct access rate, query response rate, and reconciliation rate [3]. - Efforts include enhancing foreign exchange remittance management to increase direct access rates, implementing strict query response protocols, and ensuring accurate reconciliation of internal fund clearing accounts [3].