Investment involves risks.
Deposit and withdraw renminbi with a simple, flexible savings account that gives you easy access.
Earn interest from your daily balance.
Put your renminbi in a safe place for a fixed time, earning higher interest than in an easy access account.
Start your savings account with just RMB10,000.
Straightforward day-to-day banking in renminbi.
Manage your money and issue cheques.
3Renminbi Current Account for Hong Kong residents is i) to issue cheques in Hong Kong with any amount and ii) to retailers across Guangdong Province (including Shenzhen) for consumer spending with up to RMB80,000 amount for each cheque and maximum amount of RMB80,000 in total for settlement per day. In the event that the total amount of all the cheques issued by the same customer in Guangdong Province (including Shenzhen) presented on a particular clearing day exceed RMB80,000, one or more of the cheques will be returned in order to keep the total settlement amount of the relevant cheques for the day to be within the limit of RMB80,000. A Return Cheque Fee will be levied. Renminbi Cheques can be issued to individuals & companies in Hong Kong with a valid renminbi account which can accept renminbi cheque deposits. Please check that the individual or company is willing to accept renminbi Cheques as a means of payment. Renminbi denominated cheques issued by non-Hong Kong residents are for use in Hong Kong only and are not for use in the Mainland.
Trade renminbi-denominated securities listed in Shanghai and Hong Kong on one integrated trading platform.
The Bank does not provide investment advice. Investment involves risk. The price of securities may move up or down. This information is neither a recommendation, an offer to sell, nor solicitation of an offer to purchase any investment.
Bonds / Certificates of Deposit (CD) can deliver a relatively stable and predictable stream of income and potentially deliver a better financial return than cash.
You can spread your risk by investing in bonds and diversifying your portfolio.
By pooling your investments in a fund you can diversify your investments in both renminbi onshore and offshore markets.
You can invest a lump sum or contribute monthly using the Unit Trust Monthly Investment Plan (UTMIP).
If you want the opportunity to capitalise on your market view you can choose a structured product for your investments.
5This product is designed to return your original capital at maturity, however, if the Bank becomes insolvent or default on its obligations under this product, you could suffer a total loss of your deposit amount, please refer to 'Credit risk of the Bank' in the offering document of Capital Protected Investment Deposit for details.
6The above Capital Protected Investment Deposit coupon is indicative as of 30 July 2014 for a 2-year tenor. It is not guaranteed and is subject to revision, as per prevailing market conditions. Terms & Conditions apply.
Please note that Structured Investment Deposit is not available for persons who are US citizen / with US nationality, are US resident or US tax payer, or have a US address (e.g. primary mailing, residence or business address in the US).
You may find it useful to have renminbi available so you can make the most of opportunities when they arise for investing or making the most of currency movements.
9Customers must have a valid Renminbi Savings Account for the Renminbi Switching instructions to be effected. Renminbi Switching Service is available only to HSBC Premier, HSBC Advance, Personal Integrated Account customers, Renminbi Savings Account, HK Dollar Statement Savings Account and Combinations Statement Savings Account customers.
Transfer funds from your renminbi account with HSBC in Hong Kong to other renminbi account within or outside Hong Kong12.
13Customers' (who are Hong Kong residents) daily outward remittance amount may be checked by the renminbi clearing bank. The account name of your beneficiary account in the Mainland must be identical with your HSBC Renminbi savings account, including joint account. Renminbi funds that have been remitted to your renminbi account under the same name in the Mainland and which have not been withdrawn may, after appropriate verification, be remitted back to your renminbi savings account under the same name in Hong Kong. Conditions may apply including those specified by the bank concerned in the Mainland.
14Transfers of renminbi from Hong Kong account can only be made to renminbi accounts in the receiving country via Global Transfer (this service is not applicable to accounts with Mainland China as the receiving country).
Use one card at home, in China and beyond. Enjoy financial control and protection from exchange rate fluctuations between Hong Kong dollars and renminbi.
Get travel and medical assistance in China
Lock away your money for a set period of time and earn higher interest than a savings account.
Transfer funds to any account in Hong Kong, China and around the world, make bill payments or set up standing instructions easily and quickly.
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.