Bank of China  achieved a total cross-border RMB clearing volume exceeding RMB 13 trillion ($1.8 trillion) in 2024, utilising AI and RPA technologies to automate cross-border RMB remittance processing and account reconciliation. The average daily clearing volume saw a year-on-year increase of over 40%, with the bank holding over 50% market share in both transaction value and volume through the Cross-border Interbank Payment System (CIPS). The bank has consistently driven the internationalisation of the RMB through technological innovation and prudent operations.