RMB Services

Shanghai Commercial Bank’s comprehensive and flexible RMB deposit services allow your company to transfer RMB funds as necessary for business while managing overall funds with ease.

RMB No Passbook Savings Account

The RMB No Passbook Savings Account lets you freely manage your company’s RMB deposits to deal with daily operational and financial transactions.

Service Benefits

  • Interest is calculated daily and credited to your account every month
  • Flexibility in meeting your specific needs by deposit / withdraw RMB notes
  • Statements are issued monthly, showing all transaction details
  • Enquiries on account balances, deposit interest rates, exchange rates and transfer funds through Corporate Internet Banking or Phone Banking

Act now

img01Check RMB No Passbook Savings Interest Rate img03Check documentation required to open an account

Terms & Conditions



Risk Disclosure Statement

RMB is subject to exchange rate risk. RMB is not freely convertible. Conversion of RMB for customer is subject to the requirements specified by the Bank and /or Relevant Authorities from time to time.

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