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Renminbi
Renminbi Services
As economic links between the Mainland and Macau continue to grow rapidly, HSBC has launched a comprehensive renminbi (RMB) financial management service to cater to your needs. Leveraging on our branch network in Macau and major cities in the Mainland, our service allows you to manage your wealth more easily, and enjoy financial advantages.
Exclusive features:
Deposits
Deposit RMB directly into your account in Macau through our RMB savings service, and withdraw RMB from your account without hassle
Time deposit service provides the choice of service that best suits your needs
Deposit or transfer RMB at any HSBC branch in Macau
Exchange services
Convert your RMB to MOP and vice versa, to suit your needs
Customers can buy and sell up to RMB20,000 per person per day through their HSBC RMB savings accounts at any HSBC branch in Macau. Customers can exchange RMB notes up to RMB20,000 per transaction at any HSBC branch in Macau
Remittances
Remit RMB from your RMB savings account with HSBC in Macau to your RMB account under the same name in the Mainland. If you need to make remittances on a regular basis, you can set up standing instructions at any HSBC branch in Macau. We will remit the amount regularly according to your instructions, saving you time and trouble
Each customer can remit up to RMB50,000 per day, providing extra flexibility in asset allocation
Note
RMB deposit service is only applicable to Macau ID cardholders. All customers can open a RMB savings account at any HSBC branch in Macau. Each customer can open one RMB savings account only (including both sole and joint accounts). No delegation arrangement is allowed for RMB accounts
Renminbi time deposit account must be opened with a renminbi savings account under the same name and account number. All renminbi time deposit or withdrawal transactions must be made through the corresponding renminbi savings account. Only applicable to transfers to your account with HSBC in Macau.RMB notes deposit and withdrawal service accepts RMB notes with RMB50 denomination or above only
The account name of your beneficiary account in the Mainland must be identical with your HSBC RMB savings account, including joint accounts. RMB funds that have been remitted to your RMB account under the same name in the Mainland and which have not been withdrawn may, after appropriate verification, be remitted back to your RMB savings account under the same name in Macau. Conditions may apply including those specified by the banks concerned in the Mainland
A customer's daily outward remittance amount may be checked by the RMB clearing bank
