The deposit for paying customs duties in digital RMB has landed in Qingdao

On March 16th, with just a click of the mouse by the business personnel, Qingdao Haiwan Chemical Co., Ltd. successfully paid a tax deposit of 2.558 million yuan to Qingdao Customs through digital RMB. This marks the official landing of the first digital RMB form customs duty deposit business in Qingdao, China.

In 2025, Qingdao Customs has launched the business of paying customs duties with digital RMB. This expansion of the application scenario to tax deposit payment further enriches the payment scenarios of digital RMB in customs business, achieving full coverage from tax payment to tax guarantee, and providing a more comprehensive solution for diversified payment needs of enterprises.

Under the traditional payment method of customs duty deposit, funds need to be transferred through the interbank clearing system, and the delivery time depends on the bank account system. Sometimes there may be delays in the arrival of funds, which affects the speed of customs clearance. Nowadays, the "payment as settlement" feature of digital RMB makes payments more timely and secure. Enterprises can make online payments "7 × 24 hours" through a digital wallet, and the funds will arrive in the customs account in real time, with "zero in transit" throughout the entire process.

Taking Qingdao Haiwan Chemical Co., Ltd. as an example, the company has an average annual import and export volume of hundreds of batches, with a high frequency and large amount of deposit payments. In the past, when encountering large margin business, funds were in transit for as little as half a day or as much as a day, and financial personnel had to keep an eye on the progress throughout. Now, with just one click of the mouse, funds are instantly credited to the account, ensuring business continuity and significantly reducing the pressure of capital turnover, "said Gong Xiubin from the company's international business department.

According to preliminary estimates, there are over 1100 enterprises involved in tax deposit business in Qingdao Customs District alone every year. After comprehensive implementation, it can help enterprises further optimize their capital use planning, improve capital flow efficiency, truly reduce the burden on enterprises, and make port clearance more efficient and intelligent. ”Yang Wenwen, a senior executive of the Customs Tariff Department of Qingdao Customs, stated that in the next step, Qingdao Customs will continue to deepen cooperation with the People's Bank of China and commercial banks, continuously explore the deep application of digital RMB in multiple customs payment business scenarios such as cross-border e-commerce and passenger entry and exit, promote the application of digital RMB in various service nodes of customs, and inject a continuous stream of technological momentum into the high-quality development of foreign trade.