China's Two Major Banks Have Launched Exchange Function between Digital RMB and Cash in Beijing

ChainDD
ChainDD

Jun 20

摘要: The function has been activated in more than 3,000 of ICBC's all-in-one deposit and withdrawal machines in Beijing.

June 20 (ChainDD) At present, the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC) have taken the lead in launching the exchange function between digital RMB and cash in ATM machines in Beijing.

The function has been activated in more than 3,000 of ICBC's all-in-one deposit and withdrawal machines in Beijing, making it the first bank in Beijing to fully launch the digital RMB and cash exchange function.

ABC has set up more than 10 ATMs in the Wangfujing area of Beijing, all of which can exchange digital RMB with cash.

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