Recently, Zhejiang Chouzhou Commercial Bank ("the Bank") won the "2021 Outstanding Contribution Award" for its outstanding performance in the construction of payment system and the innovation of settlement products, it standing out from a number of participating banks around China in the field of city bank clearing service. This is another new breakthrough in liquidation after the Bank has won the "Outstanding Contribution Award" for three consecutive years.
Based on the strategic positioning of "providing city financial services", City Commercial Banks Clearing Service Co., Ltd., taking "payment clearing and digital RMB" as its starting point, and "serving city financial institutions such as city commercial banks" as its primary goal, has effectively played the role of payment clearing financial construction. The Bank, as one of its important participating banks, has actively strengthened the contact and communication with City Commercial Banks Clearing. In the promotion and incentive activities of real-time debit of the City Commercial Banks Clearing System, the Bank has actively responded and carefully organized and implemented the promotion of real-time debit, and won the "Promotion Achievement Award for Real-time Debit "; In the outstanding case of digital finance and payment innovation of the 2nd City Commercial Banks 2021 sponsored by City Commercial Banks Clearing Service Co., Ltd., the Bank won the "Outstanding Case Award of Risk Innovation" for the case of "Exploration of the Application of Digital Technology in Fraud Prevention", realizing 900,000 clearing and payment services in 2021 (an increase of 270% over the same period of last year). The amount involved in liquidation reached RMB 135.5 billion (an increase of 230% over the same period of last year). The City Commercial Bank Payment System realized zero failure in 2021.
In the next step, the Bank will upgrade the docking service message interface along with City Commercial Banks Clearing Service Co., Ltd. with a view to improving the performance and efficiency of its payment system, laying a solid foundation for the development of new business and creating a more convenient and faster payment environment.
