According to Mars Finance news, as reported by Xinhua Finance, under the joint guidance of the Digital Currency Research Institute of the People's Bank of China and the Monetary Authority of Singapore, the Industrial and Commercial Bank of China Singapore Branch has actively implemented the digital renminbi cooperation achievements announced by this year's China-Singapore Bilateral Cooperation Joint Committee (JCBC) with the support of its head office. Recently, it successfully launched an innovative pilot for overseas recharging of personal wallets with digital renminbi. Singapore tourists only need to sign up for a wallet on the digital renminbi client and can complete the digital renminbi recharge through the personal mobile banking of the Industrial and Commercial Bank of China Singapore Branch using the account opened at the bank, enabling convenient payments for scenarios such as transportation, tourism shopping, and dining accommodations within China.
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ICBC Singapore Branch realizes innovative pilot for overseas deposit of digital RMB personal Wallet.
According to Mars Finance news, as reported by Xinhua Finance, under the joint guidance of the Digital Currency Research Institute of the People's Bank of China and the Monetary Authority of Singapore, the Industrial and Commercial Bank of China Singapore Branch has actively implemented the digital renminbi cooperation achievements announced by this year's China-Singapore Bilateral Cooperation Joint Committee (JCBC) with the support of its head office. Recently, it successfully launched an innovative pilot for overseas recharging of personal wallets with digital renminbi. Singapore tourists only need to sign up for a wallet on the digital renminbi client and can complete the digital renminbi recharge through the personal mobile banking of the Industrial and Commercial Bank of China Singapore Branch using the account opened at the bank, enabling convenient payments for scenarios such as transportation, tourism shopping, and dining accommodations within China.