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: 天天操伊人 | 精品久久久久久免费影院 | 亚洲精品在线看 | 亚洲欧美一区二区三区情侣bbw | 国产精品999| 一区日韩| 亚洲精品久久久 | 色播视频在线观看 | 国产精品永久免费 | 国产精品久久久久久日本 | 男人的天堂av2017在线 | 久久国产亚洲观看 | 网站国产 | 成人5252色 | 亚洲综合色视频在线观看 | 麻豆视频秘密入口 | 欧美精品一区二区三区久久 | 成人毛片免费网站 | 国产精品久久久久影院色老大 | 91精品观看91久久久久久 | 国产黄色在线观看 | 亚洲欧美日韩在线不卡 | 4hc44四虎www在线影院男同 | 高清视频在线播放 | 久久影视一区 | 男女污污无遮挡免费观看 | 亚洲国产精品一区 | 另类综合网 | 欧美视频在线一区 | 国产日韩一区二区 | 国产久视频 | 久草欧美视频 | 久久国产精品久久精品国产 | 国产高清毛片 | 免费日韩视频 | 看国产毛片| 国产精品久久久久久久久电影网 | 成人瑟瑟 | www.伊人.com | 亚洲一级在线 | 国产伦精品一区二区三区精品视频 |