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What are CNPAS Codes?

The CNAPS (China National Advanced Payment System) codes are 12 digits numbers assigned to each Domestic Bank Branch as well as Foreign Bank Branches in Republic of China by People’s Bank of China, in order to uniquely identify the Bank Branches for carrying out financial transactions between Bank Branches in The Chinese Yuan (CNY) / Renminbi (RMB). CNY & RMB are interchangeable terms for China's currency. The Renminbi(RMB) is the official name of China's currency.

China Payment System

In China, following Networks are established to process payments through CNAPS2 payment systems:

• HVPS High-value Real-Time Payment System.
• BEPS Bulk Electronic Payment System.
• IBPS Internet Banking Payment System.
• ACH Automated Clearing House.
• CFXPS China Foreign Exchange Payment System.
• Intra-Bank Payment Systems of Banking Financial Institutions.
• Bankcard Interbank Payment System.
• Bankcard Interbank Payment System.
• city commercial banks draft processing system and payment & clearing system
• Rural Credit Banks Payment & Clearing System
• CIPS Cross-Border Interbank Payment System
• NetsUnion Clearing System