中国银行黑龙江省分行落地省内首笔“货币桥”业务 开辟数字时代跨境支付新通道

Core Viewpoint - The successful execution of the first cross-border RMB remittance based on the multilateral central bank digital currency bridge in Heilongjiang Province marks a significant breakthrough in financial technology innovation and application by the Bank of China Heilongjiang Branch, establishing a new cross-border payment channel in the province [1] Group 1: Financial Technology Innovation - The cross-border financial infrastructure known as the "currency bridge" was jointly developed by the central banks of Thailand, the UAE, the People's Bank of China Digital Currency Research Institute, and the Hong Kong Monetary Authority [1] - This infrastructure aims to optimize traditional cross-border payment processes, addressing issues such as long processing times, low efficiency, and high costs, thereby creating a more convenient, efficient, and secure digital channel for cross-border fund flows [1] Group 2: Strategic Development - As a primary channel bank for global RMB cross-border services, the Bank of China leverages its global advantages and comprehensive features to expand new application scenarios for cross-border RMB [1] - During the 14th Five-Year Plan period, the Bank of China Heilongjiang Branch will continue to deepen the application of the multilateral central bank digital currency bridge in cross-border payments, advancing financial services in the digital realm and broadening the coverage of the digital RMB ecosystem [1]

BANK OF CHINA-中国银行黑龙江省分行落地省内首笔“货币桥”业务 开辟数字时代跨境支付新通道 - Reportify