|Hang Seng – the
bank with the highest rated banking services in Hong Kong for
7 consecutive years* brings you the comprehensive
RMB services to help you build up a sufficient pool of RMB
funds and make your move at any time!
To participate in and benefit
from the investment opportunities brought by the uptrend of the
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 plus steady growth potential.
You can take advantage either on the sidelines or on the field.
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, 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.