Deposits | |
---|---|
RMB note deposit / withdrawal | No restrictions on deposits/withdrawals. However, the amount should be limited to the operating needs of the designated business customers. |
Exchange from HKD for RMB deposit | Not available |
Exchange from RMB deposit for HKD | Designated business customers can only debit their RMB account and exchange the amount to HKD, and then credit it to an HKD account. |
Exchange | |
Notes exchange | Provided to designated business customers only. They can exchange their RMB to HKD in unlimited amounts, but the amount should be tailored to their operating needs. |
Remittance | |
Corporate Customer remittance | No restrictions on the amount remitted to a Mainland account, but must comply with relevant regulations |
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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