People's Bank of China, Circular on Simplifying the Procedure for Cross-border Renminbi Transactions and Improving Relevant Policies

中国人民银行关于简化跨境人民币业务流程和完善有关政策的通知

September 26, 2013 | BY

CLP Temp &clp articles

Cross-border renminbi transactions made easier.

Issued: July 5 2013
Effective: as of date of issuance


Main contents: In order to facilitate cross-border renminbi transactions, the Circular sets forth the following:


1. Cross-border renminbi settlement on the current account

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