The People's Bank of China has authorised the London Branch of Bank of China Co., Ltd. to act as the UK RMB clearing bank under its Memorandum of Cooperation with the Bank of England.
2026-02-09Central Bank of the Republic of China
People's Bank of China authorizes Bank of China London Branch to act as the UK RMB clearing bank
The People's Bank of China has authorized the London Branch of Bank of China Co., Ltd. to serve as the UK Renminbi (RMB) clearing bank under its Memorandum of Cooperation with the Bank of England.