The renminbi is taking off internationally. Capture its full potential with HSBC.
HSBC is the leading global bank offering RMB trade settlement services in over 40 countries across six continents and personal RMB account services in nine Asia Pacific markets.
In Hong Kong, HSBC offers an array of RMB services to cater to personal and corporate / institutional needs including RMB deposits, remittance, credit cards, commercial lending, debt and equity capital market financing, trade services and insurance plan*. We were the first international bank in Hong Kong to complete cross-border RMB trade settlements, offer RMB commercial current account with cheque services and establish a RMB trade finance standard rate. We were also one of the first banks in Hong Kong to launch RMB stock IPO, autopay services and cashier's order, as well as a broad range of RMB-denominated investment products.
Bank on our leading global RMB strengths.
For more information, please contact any local HSBC office or select from the list below:
Choose your country or territory
The products and services mentioned herein are only available in jurisdictions where the respective issuers are authorized to operate and the material is not intended for use by persons located in or resident in jurisdictions which restrict the distribution of this material.
Risk Disclosures
- Investors should not only base on this material alone to make investment decisions.
- Investment involves risks. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. The price of securities may move up or down. Losses may be incurred as well as profits made as a result of buying and selling securities.
- Past performance of investment products are no guide to future performance. For details of the investment products and the investment-linked insurance plan, their related fees and charges and risk factors, please refer to the individual product materials.
- Currency conversion risk – the value of your RMB deposit / products will be subject to the risk of exchange rate fluctuation. If you choose to convert your RMB deposit / products to other currencies at an exchange rate that is less favorable than that in which you made your original conversion to RMB, you may suffer loss in principal.
- RMB is currently not freely convertible. For personal customers, conversions conducted through RMB deposit accounts with banks in Hong Kong are subject to the limit of up to RMB 20,000 per person per day. You should allow time for conversion of RMB from/to another currency of an amount exceeding the daily limit.
- RMB products may suffer significant losses in liquidating and underlying investments if such investments do not have an active secondary market and their prices have large bid-offer spreads. RMB products are denominated and settled in RMB deliverable in Hong Kong, which represents a market which is different from that of RMB deliverable in mainland China.
- In general RMB equity products are exposed to the usual kind of default risks that might be associated with equity products denominated in other currencies.
The information in this document does not constitute a solicitation for the making of any deposit or investment in any products referred to herein. This material has not been reviewed by the Securities and Futures Commission of Hong Kong.
*The Hongkong and Shanghai Banking Corporation Limited ("The Bank") is an insurance agent authorised by HSBC Life (International) Limited. All life insurance plans are underwritten by HSBC Life (International) Limited. The Bank reserves the right to close the plan for application without prior notice. Please refer to the Product Brochure for currency risk exposure and details.
