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Renminbi Savings Accounts1

A simple and flexible account that lets you manage your renminbi freely, while earning interest on your daily balance with instant access.

Save flexibly and manage your renminbi in ways to suit you, while earning interest on your balance.

  • Access your money 24 hours a day using your ATM card, via phone or online
  • Complete your transactions with renminbi transfer, exchange and remittances services
  • Earn bonus interest2 on your account if your Total Relationship Balance is HKD1,000,000 or above
  • Set up standing instructions3 to complete regular remittances automatically
  • Personalised service at HSBC branches in Hong Kong and China

How to apply

Interest rates

To find out the latest HSBC deposits rate on HKD, USD, RMB and other currencies for HSBC saving accounts and time deposit, please click here.

Manage your deposits

Transfers and payments

Transfer funds to any account in Hong Kong and around the world easily, securely and quickly.

Ways to bank with HSBC

Manage your money online, via ATM, phone or at an HSBC branch

Related products


Convenient renminbi services make it easy to maintain ties to China while earning higher interest for depositing your savings for a fixed term.


Straightforward day-to-day banking in renminbi.


Access your savings whenever you need them, and earn interest at the same time.


1 All customers can open an Renminbi savings account at HSBC branches in Hong Kong. HSBC Premier customers can also apply for Renminbi savings service via our 24-hour manned phonebanking service. No delegation arrangement is allowed for Renminbi accounts. Renminbi notes deposit and withdrawal service accepts Renminbi notes of RMB50 denomination or above only.

2 The balance of Renminbi savings account will be included in the calculation of the Total Relationship Balance. Bonus interest rate will be applied if the customer's Total Relationship Balance is over HKD1 million. When calculating the credit limit of secured HKD overdraft for HSBC Premier, HSBC One or Personal Integrated Account customers, the current advance ratio of Renminbi deposits is 90%. The use of secured overdraft is subject to the relevant terms and conditions.

3 HSBC Premier customers can also set up standing instructions via our 24-hour phonebanking service.


Risk Disclosure

Currency conversion risk - the value of your renminbi deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your renminbi deposit to other currencies at an exchange rate that is less favorable than the exchange rate in which you made your original conversion to renminbi, you may suffer loss in principal.