According to the Interim Rules for Cross-border RMB Payment System Business (Y.B.F. [2015] No. 210) and the Operating Guide on Cross-border RMB Payment System Business, 22 financial institutions including DZ BANK AG are admitted as indirect participants of CIPS. Bank code information will come into effect on June. 30, 2016. Business relationship of indirect and direct participants will come into effect on July. 1, 2016.
China International Payment Service Co.
July. 1, 2016