China Merchants Bank's announcement stated that in order to respond positively to the “Initiative to Encourage the Reduction of Payment Fees for Small and Micro Enterprises” jointly issued by the China Payment and Clearing Association and the China Banking Association and implement the political and popular nature of financial work, China Merchants Bank will continue to do a good job of reducing fees and concessions for payment services for small and micro entities, and continue the preferential policy on payment service fees for small and micro entities. For example, CMB adjusted the “ZD02 Interbank Counter Transfer Remittance Fee” service program. From September 30, 2024 to September 30, 2027, CMB will give a 10% discount to small and micro enterprises and individual businesses on handling fees of less than 100,000 yuan per bank interbank counter transfer according to the published price.

China Merchants Bank's announcement stated that in order to respond positively to the “Initiative to Encourage the Reduction of Payment Fees for Small and Micro Enterprises” jointly issued by the China Payment and Clearing Association and the China Banking Association and implement the political and popular nature of financial work, China Merchants Bank will continue to do a good job of reducing fees and concessions for payment services for small and micro entities, and continue the preferential policy on payment service fees for small and micro entities. For example, CMB adjusted the “ZD02 Interbank Counter Transfer Remittance Fee” service program. From September 30, 2024 to September 30, 2027, CMB will give a 10% discount to small and micro enterprises and individual businesses on handling fees of less than 100,000 yuan per bank interbank counter transfer according to the published price.