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Annex 5CROSSBORDER INTERBANK PAYMENT SYSTEM INDIRECT PARTICIPANT APPLICATION FORM Information of Direct Participant who Submits Application Materials* Full Name of Direct Participant (in Chinese and
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Start by gathering commonly asked questions from indirect participants.
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Who needs faq for indirect participants?

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Financial institutions that work with indirect participants like brokers, investment advisors, or custodians.
02
Indirect participants themselves who may have questions about their involvement in various financial transactions.
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FAQ for indirect participants is a document containing frequently asked questions and answers related to indirect participants in a particular process or system.
Any party acting as an indirect participant in a process or system may be required to file FAQ for indirect participants.
FAQ for indirect participants can be filled out by providing relevant questions and answers about the roles, responsibilities, and requirements for indirect participants.
The purpose of FAQ for indirect participants is to provide clarifications and guidelines for individuals or entities acting as indirect participants in a specific process.
Information that must be reported on FAQ for indirect participants typically includes roles, responsibilities, guidelines, and contact information for assistance.
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