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Standard Bank Group has become the first African bank to participate directly in China’s Cross-Border Interbank Payment System (CIPS), marking a major milestone in facilitating Africa–China trade and cross-border transactions. The system is designed to prStandard Bank Connects to China Payment System
Standard Bank Group has become the first African bank to participate directly in China’s Cross-Border Interbank Payment System (CIPS), marking a major milestone in facilitating Africa–China trade and cross-border transactions. The system is designed to provide a more efficient, low-cost and convenient way to conduct international Renminbi (RMB) payments and serves as an alternative to […] The post Standard Bank Connects to China Payment System appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more











