Top of main content

Renminbi

HSBC's renminbi services helps you grasp investment opportunities in mainland China

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

Benefits and services

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
  • You can buy and sell RMB through your HSBC RMB savings accounts at any HSBC branch in Macau. The previous RMB daily exchange limit of RMB 20,000 has been removed

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
  • The daily limit of RMB remittance transfer from your HSBC RMB account to your self-named RMB account in mainland China has been increased from RMB50,000 to RMB80,000 per day for Macau residents.

Things you should know

Fees

Please download the Personal Banking Tariff for more details.

Important notes

  • 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

Need more advice?

Related products

Savings Account

 

For everyday transactions and withdrawals.

Current Account

 

More flexibility in managing your cash-flow and finances.

Time Deposits

 

Receive a higher rate of interest.

Payments and Transfers

 

We offer you simple and safe transfer capabilities.