Hang Seng Personal Renminbi ("RMB") Services

Personal Banking > Banking Services > Renminbi Deposit > Current Promotion Offer

To participate in and benefit from the investment opportunities brought by RMB, you have to get ready early on. Build up a sufficient pool of RMB funds in order to make your move at any time. While you are waiting for the right opportunity to invest, your RMB deposits can earn you stable interest returns. You can take advantage either on the sidelines or on the field.

   
  From now until 29 June 2013 (“Promotion Period”), Hang Seng – the bank with the highest rated banking services in Hong Kong for 8 consecutive years* presents you with fabulous RMB deposit offers to help you build up a sufficient pool of RMB funds and make your move at any time!



Customer Enquiry Hotline: 2822 0228

* According to Oracle Added Value Banking Study 2005 - 2012, among personal banking customers of the 8 major banks in Hong Kong.

RMB Currency Risk
Renminbi (“RMB”) is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong, like other Renminbi services provided by banks in Hong Kong, are subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). For example, for a personal customer who is a Hong Kong Resident, conversion to/from RMB through banks in Hong Kong is currently subject to a daily limit. Customers should be aware of the time required for conversion of RMB from / to another currency of an amount exceeding the daily limit. The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.

Terms and Conditions