China links CBDC to Hong Kong’s fast payments system

Hong Kong residents can top up wallets via 17 retail banks as PBoC continues to promote use

Digital renminbi

The People’s Bank of China has expanded its central bank digital currency (CBDC) pilot by linking it to Hong Kong’s fast payments system and allowing local residents to top up their wallets.

The new interoperability “marks the first linkage of a faster payment system with a central bank digital currency system in the world”, the Hong Kong Monetary Authority said in a statement on May 17.

Hong Kong residents can top up their e-CNY wallets via the Faster Payment System through 17 retail banks.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account