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According to reliable sources, on the morning of June 20, 2023, the Central Bank held an important ceremony with the Hong Kong Monetary Authority to officially launch the interconnection plan for the fast payment system between mainland China and Hong Kong. This innovative project, named "Cross-Border Payment Link," is expected to be officially operational on June 22, 2025.
The interconnectivity initiative of this payment infrastructure will significantly enhance the cross-border financial service capabilities between the two regions, making the flow of funds more convenient and efficient. Ana
The interconnectivity initiative of this payment infrastructure will significantly enhance the cross-border financial service capabilities between the two regions, making the flow of funds more convenient and efficient. Ana