Postal Savings Bank of China Quzhou Branch Fined 3,400 Yuan for Violating RMB Circulation Rules

Deep News09-30 21:40

The People's Bank of China Quzhou Branch has published an administrative penalty decision, according to information disclosed on September 30.

Postal Savings Bank of China Co.,Ltd. (PSBC) Quzhou Branch received a warning and a fine of 3,400 yuan for violating regulations governing the circulation of the renminbi.

The penalty decision, documented under Qu Yin Fa Jue Zi [2026] No. 2, was issued by the People's Bank of China Quzhou Branch.

The administrative penalty was handed down on September 21, 2026, with a public disclosure period of one year from the date of publication.

The violating party is identified as Postal Savings Bank of China Co.,Ltd. (PSBC) Quzhou Branch, with the violation categorized as a breach of renminbi circulation management regulations.

The penalty consists of a warning along with a fine of 3,400 yuan.

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