The scope of pilot scope of the settlement account system of Local and Foreign Coins in Guangdong Province, from Monday (December 12), on the basis of the original Guangzhou, newly added Foshan, Dongguan, Zhongshan, Zhuhai, Maoming, Zhanjiang, ZhanjiangSix areas.

According to the China News Agency, the above measures are also based on the early pilot bank China Industrial and Commercial Bank of China Guangdong Branch, the Agricultural Bank of China Guangdong Branch, and the Bank of China Guangdong Branch, and the new China Construction Bank Guangdong ProvinceThree pilot banks including Branch, CITIC Bank Guangzhou Branch, and Guangfa Bank have also expanded from 87 to 2,355.

According to reports, the account service model established by the pilot business of the unified banking bank settlement account system, including RMB bank settlement accounts, foreign exchange accounts, cross -border RMB accounts, free trade accounts (FT), overseas abroadAll bank accounts such as institutional accounts (NRA), support the depositors to collect and pay for multi -currency funds by opening a local and foreign currency bank settlement account, which enhances the convenience of customers to handle the domestic and foreign currency accounts.

Statistics show that since the pilot was launched on July 26, 2021, the three pilot banks in Guangzhou have opened units and individual and foreign currency bank settlement accounts of 43,000 and 929,000 respectively.Among them, since the pilot of the Guangdong Branch of Industrial and Commercial Bank of China, there have been more than 19,000 domestic and foreign currency units.

The relevant person in charge of the Guangzhou Branch of the People's Bank of China said that the pilot piloting of the domestic and foreign currency bank settlement accounts will effectively meet the diversified service needs of more market entities in the Greater Bay Area.In the next step, the reform and innovation of financial payment services will continue to increase, establish and improve the domestic and foreign currency bank account system that is compatible with the development of the Guangdong -Hong Kong -Macao Greater Bay Area, and better meet the diversified payment service needs of the real economy.