TREE NEWS update: Agricultural Development Bank of China, Bank of China, China Merchants Bank, Bank of Shanghai, Beijing Rural Commercial Bank and other Chinese lenders have jointly announced an extension of the large-value payment system’s operating hours under a People’s Bank of China arrangement. The PBOC Clearing Center said in July that from Oct 17, 2026, service hours will expand from 5×21+12 hours to 5×22.5+13.5 hours.
Chinese Banks to Extend Large-Value Payment System Hours from Oct 17, 2026
The extension is incremental in hours but meaningful in direction: China's high-value rails are edging toward round-the-clock operation, which matters for cross-border settlement and tokenized asset flows that cannot wait for a domestic cut-off. The named banks are the first visible cohort, and their operational readiness will signal whether the wider system follows. Whether this becomes a genuine 24/7 backbone or remains a modest widening of the window is the open question.
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