According to Odaily Planet Daily, Bank of China Hong Kong announced that it has become the first commercial bank in Hong Kong to successfully connect with mBridge and has completed the first cross-border remittance for corporate clients, achieving fully automated processing at both the incoming and outgoing ends.
According to reports, Bank of China Hong Kong will automatically select eligible remittance transactions to be sent to the receiving bank via the mBridge channel, and can also fully automate the processing of transactions incoming through the mBridge channel.