Personal Banking
Personal RMB Services
The most professional + Comprehensive + Quality services
Deposits
Exchange
Investment
Remittance1
Bank Cards
Cheques
Cashier’s Orders and Gift Cheques
Internet Banking and Phone Banking
Customers can enjoy the comprehensive RMB Services at NCB upon opening Multi-currency Savings Accounts (including RMB) or RMB current accounts.
Simply open Multi-currency Savings Account (including RMB) at any branch of NCB or via Internet Banking4! For enquiries, please call our Customer Service Hotline at (852)2622 2633.
Remarks
- This service is only applicable to Hong Kong residents.
- Remittance should be made in accordance with related regulatory requirements in the Mainland of China. For details, please contact the staff of NCB.
- To enjoy the service, you should open an RMB savings account at any branch of Nanyang Commercial Bank (China) Limited in the Mainland and meet specific requirements. For details, please contact the staff of NCB .
- The opening of Multi-currency Savings Account (including RMB) via Internet Banking is only applicable to the Bank’s existing Internet Banking customers who do not hold any Multi-Currency Savings Accounts in sole name or joint Multi-currency Savings Accounts (including RMB).
Enquiry
- Rules:Renminbi related accounts
Go to page - Simply visit of our branches, or call our Customer Service Hotline at (852) 2622 2633
Although investment may bring about profit opportunities, each type of investment product or service comes with its own risks. Due to the fluctuating nature of the markets, the prices of products may rise or fall beyond customers’ expectations and investment funds may increase or decrease in value as a result of selling or purchasing investment products. Loss may equal or exceed the amount of the initial investment. Income yields may also fluctuate. Due to market conditions, some investments may not be readily realised. Before making any investment decision, customers should assess their own financial position, investment objectives and experience, willingness and ability to bear risks, and understand the nature and risk of the relevant product. For details of the nature of a particular product and the risks involved, please refer to the relevant offering documents. Customers should seek advice from an independent financial adviser. This promotional material does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase or sale of any investment product or service. This promotional material is issued by Nanyang Commercial Bank, Limited and the contents have not been reviewed by the Securities and Futures Commission of Hong Kong.
RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies.
RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
Nanyang Commercial Bank (China) Limited is a bank incorporated in the Mainland of China and is not an authorized institution within the meaning of the Banking Ordinance of Hong Kong nor carrying on banking business in Hong Kong. The deposits in NCB (China) are not protected by the Deposit Protection Scheme in Hong Kong and are not guaranteed by Nanyang Commercial Bank, Limited.
The current requirements allow Hong Kong residents to remit the remaining balance of the RMB funds and the deposit interest thereof (after deducting the relevant interest tax) from the Mainland of China to their accounts in Hong Kong under the same name. However, any subsequent transfer of the RMB funds from the Mainland of China back to Hong Kong shall be subject to the prevailing legal and regulatory requirements of the regulatory authorities in the Mainland of China. Customers shall also bear the risk of foreign exchange restrictions.