Announcement 18: 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, 10 financial institutions including Agricultural Bank of China (Dubai Branch) are admitted as indirect participants of CIPS. Bank code information will come into effect on Mar. 16, 2017. Business relationship of indirect and direct participants will come into effect on Mar. 17, 2017.

　　China International Payment Service Co.

　　Mar. 17, 2017