How to join CIPS as an indirect participant

Pursuant to the Article III Chapter 3 of the Operating Guides on Cross-border RMB Payment System Business, an applicant shall entrust a designated direct participant to submit application materials to the CIPS Operator. If the applicant has no SWIFT BIC, applying for a CIPS code is also needed.

Download:

Flow Chart (How to join CIPS as an indirect participant).pdf

PARTICIPANT INFORMATION DECLARATION AND UPDATE.docx

PARTICIPANT APPLICATION FORM.docx