Chinese Yuan
Fiat currency used across payment methods, banks, and markets on Processed.
Exchange rates
Baselines versus USD and EUR
Update time unknown
US Dollar
Rate unavailable
Euro
Rate unavailable
Countries using CNY
Markets where this is an official or listed currency.
Payment methods supporting CNY
Methods that list this currency in their coverage.
Alipay
A leading digital wallet deeply embedded in daily life in China, used for shopping, bills, and transport.
WeChat Pay
Integrated wallet in WeChat for QR and in-app payments.
Cloud QuickPass (UnionPay App)
UnionPay-operated mobile wallet app linking bank cards for QR and contactless payments online and in-store. Operator: China UnionPay Co., Ltd.. Est. users: 450 million+ users (2022).
e-CNY (Digital Yuan)
China's central bank digital currency, legal tender accepted at online and offline merchants nationwide. Operator: People's Bank of China (Digital Currency Institute). Est. users: 180 million+ wallets (2024).
BoC Pay
Bank of China (HK)'s wallet for local and cross-border QR and online payments. Operator: Bank of China (Hong Kong) Limited. Est. users: Millions of users (2024).
FPS (Faster Payment System)
HKMA's real-time payment system linking banks and wallets via phone, email or QR for instant payments. Operator: Hong Kong Interbank Clearing Limited (HKICL). Est. users: 14 million+ registrations (2024).
Banks supporting CNY
Banks that list this currency in their coverage.
Industrial and Commercial Bank of China (ICBC)
ICBC is the world's largest bank by total assets and the largest of China's 'Big Four' state-owned banks. It offers retail, corporate, and investment banking globally.
HSBC Hong Kong
HSBC is Hong Kong's largest bank and the note-issuing bank of the territory, offering retail, commercial, private, and investment banking.
DBS Bank
DBS Bank is Singapore's largest bank and Southeast Asia's leading bank, recognised globally for its digital innovation and strong retail, SME, and corporate banking.
China Construction Bank (CCB)
China Construction Bank is China's second-largest bank, specialising in infrastructure lending, housing finance, and corporate banking. It is one of the four largest banks in the world.
Bank of China (BOC)
Bank of China is China's most internationally active bank, specialising in foreign exchange and cross-border trade finance. It is one of the Big Four state-owned banks.
Agricultural Bank of China (ABC)
Agricultural Bank of China is China's third-largest bank by assets, with the largest rural and agricultural banking network in the country.
China Merchants Bank (CMB)
China Merchants Bank is China's top joint-stock bank, known for its retail banking innovation, credit cards, and wealth management.
Bank of China (Hong Kong)
Bank of China (Hong Kong) is one of the three note-issuing banks in Hong Kong, offering retail, commercial, and investment banking.
Bank of Communications (BoCom)
Bank of Communications is China's fifth-largest state-owned bank, offering retail, corporate, and investment banking services.
Hang Seng Bank
Hang Seng Bank is a subsidiary of HSBC and one of Hong Kong's largest locally incorporated banks, focused on retail and commercial banking.
Postal Savings Bank of China (PSBC)
Postal Savings Bank of China has the country's largest branch network (over 39,000) and focuses on retail banking and financial inclusion for rural populations.
Industrial Bank (CIB)
Industrial Bank (CIB) is one of China's major joint-stock commercial banks, known for green finance and interbank operations.
Other Banks — China
Aggregate of remaining banks in China, collectively ~47.7% of domestic banking assets.