CIPS China Monthly Transaction Volume 2026
Official CIPS China monthly transaction count and RMB payment value, built for tracking China's cross-border RMB settlement volume across 2025-2026 with CSV and API access.
Quick Answer
China CIPS monthly transaction volume in 2026-08 was 791,214 transactions, ¥19.4T RMB settled, $2.84T USD approx. USD equivalent. This official dataset covers 2026-01 to 2026-08 and reports payment count plus RMB settlement value for China's Cross-Border Interbank Payment System.
What is CIPS? China's Cross-Border RMB Payment System
CIPS (Cross-Border Interbank Payment System) is China's dedicated infrastructure for RMB-denominated cross-border payments and clearing, operated under the People's Bank of China. Launched in October 2015, it combines payment messaging and settlement in a single system — unlike SWIFT, which is a pure messaging network requiring separate correspondent banking arrangements.
CIPS vs SWIFT: SWIFT processes over 40 million messages daily across 11,000+ institutions in 200+ countries. CIPS has 100+ direct participants and 1,300+ indirect participants in 110+ countries as of 2024. CIPS settles directly in RMB, removing the need for USD as an intermediary currency.
Why this data matters: CIPS transaction volume is a direct indicator of RMB internationalization, particularly among countries reducing reliance on the dollar-based correspondent banking system. This page reports current monthly statistics; the daily dataset preserves the historical business-day archive.
Currency display: CIPS publishes settlement value in RMB. China Data Portal keeps the official RMB value and adds an approximate USD equivalent for international readers. USD equivalents use PBC RMB/USD monthly rates; latest page conversion uses 2026-05 RMB/USD 6.82.
Data sourced from official CIPS public releases. See also: CIPS Hub · CIPS Monthly · CIPS Annual
China CIPS Monthly Transaction Volume
Data table
Latest data preview
Showing the latest 5 observations from 2026-01 to 2026-08. Use CSV or API for the complete machine-readable series.
| Period | Transactions | Official RMB value (Billion RMB) | USD value / equivalent | USD basis |
|---|---|---|---|---|
| 2026-08 | 791,214 transactions | 19,401.1B RMB | $2.84T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-07 | 836,827 transactions | 19,350.9B RMB | $2.84T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-06 | 810,563 transactions | 18,212.7B RMB | $2.67T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-05 | 701,130 transactions | 14,825.1B RMB | $2.17T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-04 | 794,697 transactions | 17,032.2B RMB | $2.49T USD approx. | 2026-04 RMB/USD 6.84 |
Show full historical table
| Period | Transactions | Official RMB value (Billion RMB) | USD value / equivalent | USD basis |
|---|---|---|---|---|
| 2026-01 | 731,130 transactions | 16,985.8B RMB | $2.44T USD approx. | 2026-01 RMB/USD 6.97 |
| 2026-02 | 571,403 transactions | 13,634.4B RMB | $1.97T USD approx. | 2026-02 RMB/USD 6.91 |
| 2026-03 | 786,441 transactions | 20,250.1B RMB | $2.94T USD approx. | 2026-03 RMB/USD 6.89 |
| 2026-04 | 794,697 transactions | 17,032.2B RMB | $2.49T USD approx. | 2026-04 RMB/USD 6.84 |
| 2026-05 | 701,130 transactions | 14,825.1B RMB | $2.17T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-06 | 810,563 transactions | 18,212.7B RMB | $2.67T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-07 | 836,827 transactions | 19,350.9B RMB | $2.84T USD approx. | 2026-05 RMB/USD 6.82 |
| 2026-08 | 791,214 transactions | 19,401.1B RMB | $2.84T USD approx. | 2026-05 RMB/USD 6.82 |
About This Dataset
Monthly transaction count and RMB payment value for China's CIPS.
China's CIPS monthly transaction volume in 2026-08 was 791,214 transactions, ¥19.4T RMB settled, $2.84T USD approx. USD equivalent. The dataset spans 8 data points from 2026-01 to 2026-08, updated monthly.
API
curl https://chinadata.live/api/v2/data/china-cips-payment-system-monthly 📚 How to Cite This Data
Latest value
791,214 transactions · ¥19.4T RMB settled · $2.84T USD approx.
Citation Format:
China Data Portal (2026). China CIPS Monthly Transaction Volume. Retrieved from https://chinadata.live/data/china-cips-payment-system-monthly/
Primary Source:
Cross-Border Interbank Payment System (CIPS)
Data as of:
August 2026
API Access:
GET https://chinadata.live/api/v2/data/china-cips-payment-system-monthly Frequently Asked Questions
What is CIPS transaction volume in 2026-08?
CIPS transaction volume in 2026-08 was 791,214 transactions, ¥19.4T RMB settled, $2.84T USD approx. USD equivalent. This monthly page tracks official Cross-Border Interbank Payment System statistics from 2026-01 to 2026-08.
Is this CIPS data daily, monthly, or annual?
This is the monthly CIPS transaction volume dataset. Use the daily archive for historical business-day movements, the monthly page for current trend analysis, and the annual page for long-run CIPS growth from 2015 onward.
Where does the CIPS transaction volume data come from?
The data is sourced from official Cross-Border Interbank Payment System (CIPS) statistics and structured by China Data Portal for charting, CSV download, and API access.
What does this CIPS dataset measure?
It measures official CIPS transaction counts and RMB payment value reported by the CIPS operator.
Where can I download China CIPS Monthly Transaction Statistics data?
You can download China CIPS Monthly Transaction Statistics data from China Data Portal via our free API at https://chinadata.live/api/v2/data/china-cips-payment-system-monthly. Data is available in JSON and CSV formats.