Qianhai's first transaction, Shenzhen Bank of China landing cross-border settlement business of multilateral central bank digital currency bridge under service trade

Recently, the Action Plan (2025-2026) of the Shenzhen Local Financial Administration and four other departments to support the high-quality development of Qianhai's finance was officially released, encouraging financial institutions to "orderly promote the cross-border pilot of digital RMB" and "carry out cross-border scenario applications of multilateral central bank digital currency bridge projects". The reporter learned that with the support of Qianhai Management Bureau, Bank of China Shenzhen Branch successfully handled the cross-border settlement business of the first multilateral central bank digital currency bridge under Qianhai's service trade for a large container group, further expanding the application scenarios of digital RMB and enriching cross-border payment channels for foreign-related enterprises. (Southern Finance and Economics)