Several state-owned banks confirm: Digital RMB interest calculation and settlement rules are consistent with those of demand deposits

According to Odaily, six major state-owned banks—Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China—have successively issued announcements stating that, starting from January 1, 2026, the digital RMB real-name wallet balances opened by customers at these banks will accrue interest based on the posted interest rate for demand deposits, with the interest calculation and settlement rules consistent with those for demand deposits. However, Bank of Communications noted that if the digital RMB wallet opened by the customer is a Category IV personal wallet, the balance in the wallet will not accrue interest. (21 Finance)