With the increasing
prosperity created by trade
and tourism between Hong Kong
and the Mainland, Hang Seng
Bank is pleased to offer Commercial
Renminbi Services for Designated
Merchants* to meet your business
needs.
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Renminbi Deposit Services
| · |
No pre-set limit
for cash deposits
and withdrawals |
| · |
Renminbi time
deposit services
available for better
interest returns |
| · |
Hong
Kong dollar overdraft
available by pledging
your renminbi deposits
as collateral |
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Renminbi Exchange Services
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 for the purpose of acquisition and purchase of Renminbi Bonds only. 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).
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