Announcement 13: Expansion of CIPS Indirect Participants

　　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, 35 financial institutions including Bank of Chaoyang Co., Ltd. are admitted as indirect participants of CIPS. Bank code information will come into effect on Oct. 20, 2016. Business relationship of indirect and direct participants will come into effect on Oct. 21, 2016.

　　China International Payment Service Co.

　　Oct. 21, 2016