To All Overseas Institutional Investors and Settlement Agents,
In order to further implement the People’s Bank of China’s directives on providing high-quality services to overseas institutional investors, continuously improve account services of the interbank bond market infrastructure, and concurrently support the launch of Phase II of the One-Stop Account Opening Platform for Overseas Institutions in the Interbank Bond Market by the PBC Shanghai Headquarters, China Foreign Exchange Trade System, China Central Depository & Clearing Co., Ltd., and Shanghai Clearing House jointly issue the following notice:
1. Starting from December 1, 2025, the service address for account alteration and cancellation of overseas commercial institutions in the interbank bond market infrastructure shall be uniformly updated to: https://ibrs.chinamoney.com.cn/IBRSW/. This will achieve fully integrated end-to-end services for the three core business modules: account opening, alteration and cancellation.
2. After overseas institutional investors complete the opening of trading and custody accounts via the one-stop account opening platform, CFETS will automatically link the related accounts at the end of each business day. This enables seamless interconnection of infrastructure accounts, eliminating the need for manual binding.
China Foreign Exchange Trade System
China Central Depository & Clearing Co., Ltd.
Shanghai Clearing House
December 11, 2025