Xiamen Branch of the Export-Import Bank of China recently completed the first cross-border exchange payment on a blockchain platform

The Export-Import Bank of China Xiamen Branch used the State Administration of Foreign Exchange's “Cross-Border Financial Blockchain Platform” to handle cross-border foreign exchange payments under the service trade and became the first policy bank in the country to handle this business. Under the guidance of the Xiamen Branch of the State Administration of Foreign Exchange, the Export-Import Bank Xiamen Branch actively applied to join the State-owned Foreign Exchange Administration's “Cross-Border Financial Blockchain Platform”, becoming the first branch in the system to dock with this platform.