
[True Burn Hong Kong Stock Trends] Tianxing Bank will participate in the 'Cross-Border Payment Link' project as one of the first digital banks.

Zhenzhuo July 17 news, Airstar Bank announced that it will be one of the first digital banks to participate in the "Cross-border Payment Link" project. The market expects the service to be open to the public soon.
Customers with Hong Kong ID who have an account with Airstar Bank can use the "Remit to Mainland" function in the Airstar Bank App to directly enter the recipient's mainland bank card number or mobile phone number. Through FPS, real-time small-amount cross-border remittance can be achieved, and the funds will be transferred to the account of the participating bank in the mainland. At the same time, customers can also receive transfers from mainland individuals through their Airstar Bank account via the "Cross-border Payment Link".
Airstar Bank stated that the "Cross-border Payment Link" jointly launched by the Hong Kong Monetary Authority and the People's Bank of China is an important milestone in the connectivity process between the two regions, allowing residents of both regions to enjoy safe, efficient, and convenient instant cross-border payment services. Airstar Bank is honored to be one of the first digital banks to participate in this project. It will follow regulatory requirements and user needs to ensure the smooth launch and promotion of the service. Moreover, it will continue to leverage its fintech capabilities to actively explore more application scenarios and provide customers with a more convenient and secure remittance experience.
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