People’s Bank of China, Circular on Matters Relevant to Cross-Border Renminbi Interbank Financing by Banking Financial Institutions

中国人民银行关于银行业金融机构人民币跨境同业融资业务有关事宜的通知

PBOC has introduced rules to facilitate the offshore funding of renminbi / CLP Reference: 3610/26.02.24 ; Issued: 2026-02-24 ; Effective: 2026-02-24

By Susan Mok

Issued: February 24, 2026

Effective: as of date of issuance



Applicability: For the purposes of this Circular, the term “cross-border renminbi interbank financing” means the borrowing and lending transactions based on the provision of

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