banking.foundation / Payments / CIPS
Payment network · Cross-border clearing · China
CIPS
China's Cross-Border Interbank Payment System, launched in 2015 in Shanghai to clear and settle cross-border renminbi payments. Connects direct and indirect participants worldwide and commonly interoperates with SWIFT messaging.
- Type
- Cross-border clearing
- Operator
- Cross-Border Interbank Payment System Co., Ltd. (overseen by the People's Bank of China)
- Region
- China
- Currency
- CNY
- Launched
- 2015
- Settlement model
- real-time gross (net modes also offered)
- Website
- www.cips.com.cn
Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.
# this page as data
GET https://banking.foundation/api/v1/payment-networks/cips