CIPS - China's Hybrid Net Settlement Clearing System

David Blair, treasury consultant with a wealth of experience in Asia and beyond runs through CIPS - the faster and more reliable new arrangement for offshore CNY.

Key Points:

  • CIPS is not replacing SWIFT
  • CIPS helps corporates
  • Extending CNY cut-off time by three hours
  • Partially resolving the problem with POP codes
  • Improving STP
  • Reducing manual repair at banks
  • Eliminating float on CNY flows

This article is also part of a Treasury Management in China bundle.

Written by

David Blair
Managing Director
Acarate Consulting



无限中文案例研究 (71 articles)