After the role of large real-time payment system has been successfully promoted and used in China, large real-time payment system provides safe and efficient payment and clearing services for banking financial institutions, enterprises and institutions and financial markets, and is an important financial infrastructure to support the implementation of monetary policy and maintain financial stability. Its function is:
1. Connected with banking financial institutions' intra-bank payment system, central bond integrated business system, bank card payment system, RMB interbank lending and foreign exchange trading system, and RMB clearing banks in Hong Kong and Macao, providing safe and efficient payment and clearing services for banking financial institutions and financial markets, and supporting RMB clearing business in Hong Kong and Macao;
2. Successfully replaced the national electronic interbank system, solved the current situation of "three seconds in the sky and three days underground", and played a huge role in the national economy, especially in the modern financial system. In the modern payment system, the large real-time payment system is the core system of financial infrastructure, and it is the "artery" and "financial expressway" connecting social and economic activities and their capital operation;
3. Large real-time payment system accelerates the social capital turnover, smoothes the transmission of monetary policy, keeps close contact with various financial markets, promotes the development of financial markets, prevents payment risks and maintains financial stability.
4. The big payment system provides a fast, efficient and safe payment and settlement platform for banks, enterprises, institutions and financial markets. Its biggest feature is real-time liquidation, which realizes the zero in-transit of inter-bank fund settlement.
Tips: The above contents are for reference only.
Reply time: 2021-11-02. Please refer to the latest business changes announced by Ping An Bank in official website.