日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Chinese banks at forefront of cross-border payment innovation

Xinhua | Updated: 2018-10-24 16:47
Share
Share - WeChat
Since going online last year, Chinese banks have played a leading role in trialling a new financial technology that allows frictionless, real-time cross-border transactions. [Photo/IC]

SYDNEY - Since going online last year, Chinese banks have played a leading role in trialling a new financial technology that allows frictionless, real-time cross-border transactions.

One of the first to take part in SWIFT's Global Payments Innovation (GPI) was the Industrial and Commercial Bank of China (ICBC) and since then they've rolled out the service to 36 financial institutions under the ICBC group around the world, covering 23 major currencies.

"ICBC has formed customized arrangements based on GPI service for individuals, enterprises and peers," Peng Hua, deputy general manager of the ICBC operations management department, told Xinhua recently at the 2018 SIBOS conference in Sydney.

"Customers can handle cross-border remittances easily through channels such as mobile banking, online banking and smart terminals."

Being able to track international payments end to end, the technology not only makes cross-border transactions safer and more transparent, but also allows a greater amount of information to be transferred with the payment.

"To give you an example, so many Chinese students are studying around the world at universities in the US or right here in Sydney and you need to make an education or a tuition payment to the university, that payment needs to have identification information and details about the study of that Chinese student," head of Payments at SWIFT Asia-Pacific Michael Moon explained.

"In the past, that would get lost in the payment, the university would have to call the financial institution and say where is the payment? I don't have enough information."

"But now with SWIFT GPI, the banks in China can now facilitate those tuition payments stripping out the friction ... making them faster and more information rich."

In November 2017, another big player, China Minsheng Bank, also came on board launching the Minsheng Global Express GPI, making it the third financial institution in China to utilize the technology.

Linking it to six of its platforms, customers can now make GPI payments for public online banking, personal online banking, mobile banking, credit cards, foreign currency transactions and international settlements.

"Minsheng Bank has served many domestic private enterprises and small and micro enterprises, in the process of overseas investment, overseas financing and international trade, they need a large amount of remittances, and they've benefited from GPI," President of China Minsheng Bank Zheng Wanchun told Xinhua.

"With efforts to solve problems regarding the cycle of cross-border payments and payment statuses as the starting point, we will now steadily promote the second phase of research and development of Minsheng Global Express GPI cross-border payment."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日本久久精品 | 日本无码成人片在线观看波多 | y4480午夜66| 日日摸夜夜添欧美一区 | 亚洲一区二区三区久久 | 波多野衣结在线精品二区 | 午夜国产精品视频 | 免费人成网站线观看合集 | 一区二区三区四区免费 | 亚洲国产精品91 | 777色狠狠一区二区三区香蕉 | 天天舔天天干天天操 | 天天久久综合网站 | 久久免费福利 | www.av在线免费观看 | 日本va视频| 日a在线| 9久热这里只有精品免费 | 久久综合狠狠色综合伊人 | 久久久久免费视频 | 免费国产成人高清视频网站 | 国产欧美日韩在线播放 | 欧美vide| 日本一区二区三区高清不卡 | www.最色| 亚洲电影一区二区 | 天天天天综合 | 亚洲精品天堂 | 免费在线公开视频 | 太平公主一级艳史播放高清 | 欧美男女交配 | 国产精品久久av | 成人免费视频网站在线观看 | 九九影院理论片 | 日韩免费黄色片 | 一级香蕉免费毛片 | 成人精品久久 | 国产嘿咻 | 国产vr一区二区在线观看 | 5月激情网| 国产精品一区二区三区免费 |