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Connection to settlement systems
+1300 banks
+$400 billion
Number of members over 1300 banks in 98 countries
The volume of daily payments
CIPS is a Chinese platform for cross-border payments in yuan
  • Development of transactional business in CNY
  • Fast payment processing in China
  • Ability to pay to all Chinese banks
  • Alternative to SWIFT for payments to China
CFXPS - Chinese platform for cross-border payments in USD, EUR, GBP, HKD
  • Direct integration with a Chinese bank
  • Alternative to SWIFT for foreign currency payments
  • No intermediary commission
  • Minimization of compliance requirements
  • Absence of US and European banks in the payment chain

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