How to withdraw digital yuan

Mondo Finance Updated on 2024-01-28

The digital yuan is a digital form of legal tender issued by the People's Bank of China, which has value characteristics and legal compensation. There are two ways to withdraw e-CNY: cash withdrawal over the bank counter and cash withdrawal over the bank counter.

Bank counter cash withdrawal: Users can go to the designated bank counter and present their e-CNY account information and identity proof to withdraw cash, which is similar to traditional RMB cash withdrawal.

Cash withdrawals over the bank: Users can transfer e-CNY from their digital wallet to their bank card. The specific operation method may need to transfer funds through the digital yuan platform of a designated bank or payment institution. Once the transfer is successful, users can withdraw money from their bank card through channels such as ATMs or online banking. The process of e-CNY electronic transfer is as follows:

1. Users need to first ** the e-CNY APP, and complete the registration and login.

2. Confirm that you have enough balance in your e-CNY wallet and select the recipient you want to transfer.

3. Enter the amount to be transferred on the transfer page and select the payment method as e-CNY.

4. After confirming that the transfer information is correct, proceed with the payment operation.

After the payment is successful, the e-CNY will be automatically transferred to the recipient's e-CNY wallet.

It should be noted that the transfer methods and payment methods of e-CNY may vary depending on different businesses and scenarios. When transferring and paying for e-CNY, users should choose the appropriate transfer method and payment method according to the specific business and scenario. At the same time, users also need to pay attention to protecting their personal information and account security, and avoid divulging personal information and account passwords.

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