With the increasing prosperity created by trade and tourism between Hong Kong and the Mainland, Hang Seng Bank now offers Commercial Renminbi Services for Designated Merchants* to meet your business needs.
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Renminbi Deposit Services
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No pre-set limit for cash deposits and withdrawals |
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Renminbi time deposit services available for better interest returns |
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Hong Kong dollar overdraft available by pledging your renminbi deposits as collateral |
Renminbi Exchange Services
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Designated Merchants* can exchange renminbi for Hong Kong dollars at any of our branches for maximum convenience.
Renminbi Local Interbank Transfer between same-named Renminbi Account is allowed for the purpose of acquisition and purchase of Renminbi Bonds. The relevant Renminbi funds must be deposited into account in the original currency.
*A Designated Merchant is a Hong Kong establishment that engages in retail, catering, accommodation, transportation, communication, medical or educational services (excluding companies engaged in capital and financial transactions, money changers, property agents, stockbrokers and gambling establishments). |