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The Digital Currency Office of the Bank of China Head Office released the "Bank of China Cross-border E-commerce B2B Digital RMB Application Solution." The solution explores and improves the cross-border payment experience through digital renminbi, and provides cross-border trade participants with comprehensive services such as cross-border capital circulation, Chinagoods order information matching, and foreign exchange compliance. By building an umbrella wallet structure, it achieves "horizontal connectivity at home and abroad. , vertically supporting the entire system.” At present, this model has been successfully implemented among some customers of Yiwu Commodity City.
The Digital Currency Office of the Bank of China Head Office released the "Bank of China Cross-border E-commerce B2B Digital RMB Application Solution." The solution explores and improves the cross-border payment experience through digital renminbi, and provides cross-border trade participants with comprehensive services such as cross-border capital circulation, Chinagoods order information matching, and foreign exchange compliance. By building an umbrella wallet structure, it achieves "horizontal connectivity at home and abroad. , vertically supporting the entire system.” At present, this model has been successfully implemented among some customers of Yiwu Commodity City.
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