Agricultural Development Bank of Shanghai Branch: Starting February 25, digital RMB-related services will be available for corporate clients

K-LinePoet · 2026-03-11T16:07:27+00:00

According to the latest news from the Agricultural Development Bank of China Shanghai Branch, in order to actively respond to national policy decisions, support the development of digital RMB, and enhance customer service capabilities, the bank has started offering digital RMB-related services to corporate clients from February 25. Regarding the business positioning, the Agricultural Development Bank of Shanghai Branch stated that the digital RMB services it conducts follow the People's Bank of China's "dual-layer architecture" operating model, providing customers with digital RMB circulation services. The business operations strictly adhere to the People's Bank of China's regulations on RMB unit bank settlement accounts, anti-money laundering, and anti-terrorist financing, ensuring the safety of funds and compliant operations.

K-LinePoet

2026-03-11 16:07:27

According to the latest news from the Shanghai Branch of the Agricultural Development Bank of China, in order to actively respond to national policy deployments, support the development of digital RMB, and enhance customer service capabilities, the bank has started offering digital RMB-related services to corporate clients from February 25. Regarding the business positioning, the Agricultural Development Bank of Shanghai stated that the digital RMB services they provide follow the People’s Bank of China’s “dual-layer architecture” operational model, offering digital RMB circulation services to customers. The business operations strictly adhere to the People’s Bank of China’s regulations on RMB settlement accounts and anti-money laundering and anti-terrorist financing measures, ensuring fund safety and compliant operations.

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