RMB Banking Services

• Enjoy leading RMB Savings and Fixed Deposit services
• Receive preferential interest rates¹⁰
• Manage your deposits and easily transfer funds through our branches in Hong Kong with our online e-Banking services or phone banking services

• Enjoy savings interest rates paired with the convenience of cheque issuance with your RMB Current Account
• Receive an RMB cheque book free of charge
• Issue cheques in Guangdong Province (including Shenzhen) for normal purchases if you are a Hong Kong Resident
• Get monthly statements that clearly record and show the details of each transaction

• Enjoy one-stop RMB auto-exchange and RMB fixed deposit auto-placement services without a service fee
• Place instructions easily at any of our branches and we will automatically transfer the funds from your HKD deposit account to your RMB savings account daily, according to the total amount to be exchanged in RMB and the daily exchange amount set by you
• Open an RMB Fixed Deposit automatically after the completion of RMB auto-exchange and transfer, without any additional instructions

• Enjoy RMB and HKD two-way exchange services
• Get preferential exchange rates
• Receive a waiver on note exchange handling fees

• Transfer RMB to local bank accounts anytime
• Easily handle outward remittance of RMB to accounts in Mainland China
• Receive RMB remitted from banks in Mainland China back to Hong Kong

Withdraw RMB notes at any of our ATMs free of additional charge

• Withdraw cash or make purchases in both Hong Kong and Mainland China with your ATM Card
• Withdraw RMB from your HKD account in Mainland China simply by opening an HKD account and applying for an HKD Card. If you also have an RMB account, RMB withdrawals in Mainland China can be handled directly from the RMB account so as to avoid any price differences in currency exchange

ATM Service and Direct Debit Payment in Mainland China

• Take advantage of convenient and efficient RMB withdrawal services and balance checking through over 70,000 ATM machines with in many provinces and cities in Mainland China
• Enjoy the flexibility of over 500,000 POS Terminals marked with in Mainland China

Automatic Teller Machine Service and Direct Debit Payment in Hong Kong

• Withdraw HKD or RMB at over 1,600 ATMs marked with logos
• Enjoy purchase payment with and bill payment with at over 20,000 merchant outlets

• Enjoy the convenience of a HKD and RMB Credit Card account in a single card
• Welcomed in over 100 countries and markets around the world, and also accepted by over 2.2 million merchants in China with the UnionPay logo
• Enjoy overseas transaction handling fee waiver for spending in China or Overseas

• RMB account holders must be individual customers aged 18 years or older
• Deposited RMB is exchanged from Hong Kong Dollars or in RMB banknotes
• The Interest of RMB Savings Accounts will be calculated on the daily closing balance and paid monthly. The day-basis for interest calculation is 360 days per year
• When depositing banknotes, only RMB banknotes in denominations of RMB10, 20, 50 and 100 of Series 4 and Series 5 are accepted. RMB coins and other denominations are not accepted
• Overdraft, cashier's orders and lending services are not available

• Only available to individual customers aged 18 years or above
• Each customer is only allowed to open one RMB Current Account
• The Interest of RMB Current Accounts will be calculated on the daily closing balance and paid monthly. The day-basis for the interest calculation is 360 days per year
• The daily aggregate payment amount for cheque issuance from the RMB Current Account, to settle consumer spending payments in Guangdong Province (including Shenzhen) for Personal Customers who are Hong Kong Residents, must not exceed RMB80,000
• Overdraft services are not available for the RMB Current Account
• Cheques are non-transferrable

• General Exchange Service
  1. Enjoy two-way RMB and HKD exchange services
  2. Only RMB banknotes in denominations of RMB10, 20, 50 and 100 of the Series 4 and Series 5 are accepted. RMB coins and other denominations are not accepted
• Exchange through Account
  1. Only for exchange between HKD and RMB

• Transfer RMB funds to any account at any local bank for any purpose; or to any third party accounts at Dah Sing Bank
• Conduct outward remittance Mondays to Fridays. No services will be provided on Saturdays, Mainland Holidays and Hong Kong Holidays. Please contact us for service hours

• RMB remittance service to Mainland China accounts
• Remitters must be RMB deposit account-holders
• The Remitter and beneficiary should be in the same name
• The maximum amount per Personal Customer who is a Hong Kong Resident is RMB80,000 per day. If the total remittance amount exceeds this limit, the remittance instruction will be rejected and the rejected payment will be returned in full. The above outward remittance limit is not applicable to Personal Customers who are non-Hong Kong Residents (i.e. an individual who is not a holder of Hong Kong Identity Card). Outward remittance services to Mainland China or other places outside Hong Kong are subject to the rules and regulations required by Mainland China or the relevant jurisdiction. Outward remittance may be rejected due to local rules and regulatory requirements and is subject to charges applicable to returned remittance
• When applying for outward remittance, you need to provide the standard Chinese code of Chinese names
• Outward remittance services will be provided from Mondays to Fridays. No services will be provided on Saturdays, Mainland Holidays and Hong Kong Holidays. Please contact us for service hours