PBOC and AMCM sign MOU on Cross-Boundary Linkage of Payment Systems between the Mainland and Macao
MACAU, October 13 - The People's Bank of China (PBOC) and the Monetary Authority of Macao (AMCM) signed the Memorandum of Understanding (MOU) between the PBOC and the AMCM on Cross-Boundary Linkage of Payment Systems between the Mainland and Macao today (13 October), establishing a cooperation framework to enhance the efficiency and quality of cross-boundary payment services between the Mainland and Macao. The PBOC and the AMCM will facilitate financial institutions from both sides to provide residents with safe, efficient, and convenient cross-boundary fund transfer channels.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
