On the first day, Bank of Communications participated in offshore RMB foreign exchange transactions in the Shanghai Free Trade Zone.

During the 2026 Lujiazui Forum, the People's Bank of China announced that it will carry out a pilot program for offshore RMB foreign exchange trading in the Shanghai Free Trade Zone. Six banks, including Bank of Communications, were authorized to conduct offshore RMB foreign exchange trading through the China Foreign Exchange Trading System platform. Securities Times reporters learned that on the first day of the policy announcement, Bank of Communications had completed all preparations for business operations, and had conducted multiple transactions with overseas institutions through the China Foreign Exchange Trading System platform. The types of transactions included spot, forward, and swap transactions, with currency pairs including offshore RMB against the US dollar, euro, pound, Swiss franc, New Zealand dollar, etc.