Announcement 16: 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, 12 financial institutions including Expobank Limited Liability Company are admitted as indirect participants of CIPS. Bank code information will come into effect on Jan. 19, 2017. Business relationship of indirect and direct participants will come into effect on Jan. 20, 2017.

　　China International Payment Service Co.

　　Jan. 20, 2017