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People's Bank of China Department Head Addresses Reporters on Cross-Border Payment Service
3 week ago /
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Author：小编
The cross-border payment service has streamlined the remittance process with Hong Kong, significantly enhancing efficiency. Users can now facilitate cross-border transfers of both Renminbi (RMB) and Hong Kong dollars via mobile banking and other digital platforms, allowing for the instant settlement of smaller remittances. By establishing a direct connection to the payment infrastructure, this service effectively lowers remittance costs.
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