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Payment System Department

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Responsible for the design of thefinancial accounting system of the PBC and the construction of China NationalAdvanced Payment System (CNAPS); establishing payment and settlement rules aswell as regulations on bills exchange and bank account management jointly withrelated government departments; supervising innovations in payment instruments;drafting administrative rules for bank card settlement business; andestablishing reporting systems for large-value and suspicious RMB paymenttransactions.

 

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