How to establish or terminate a business relationship between an indirect participant and a direct participant?

An indirect participant could apply to establish or terminate a business relationship with the designated direct participant. Pursuant to the Article VII Chapter 3 of the Operating Guides on Cross-border RMB Payment System Business, the indirect participant shall entrust a designated direct participant to submit application materials to the CIPS Operator.

Attachments：APPLICATION FOR PARTICIPANT BUSINESS RELATIONSHIP UPDATE.docx

Flow Chart (How to establish or terminate a business relationship).pdf