Cross-Border Interbank Payment System

sys_cn_cips

CIPS clears and settles cross-border and offshore renminbi payments, connecting financial institutions through dedicated Chinese payment infrastructure. Its interbank network carries RMB obligations across markets, supporting the currency's use in international trade and finance.

TPV
$25.1T
Transactions
8.4M

Operator

Markets

Markets connected to CIPS, using the same four-metric model as the overview.

Schemes

Schemes connected to CIPS.

Compliance

Regulator
No regulators have been mapped yet.
No regulations have been mapped yet.

Standards

No standards have been mapped yet.