Can I place a remittance in renminbi?
Personal customers who are Hong Kong residents can remit up to RMB80,000 each day from your renminbi savings & current account to your renminbi account under the same name in mainland China. If the remittance amount exceeds the available daily remittance limit, the transaction will be rejected on the transaction date. Your daily remittance amount may also be checked by the renminbi clearing bank.
Simply select 'Transfers - Overseas' page and follow the instructions to make an overseas transfer. To effect an renminbi remittance, please input the English name of the remitting account holder in the "Account Holder's Name" . We will automatically use your Chinese name maintained with us as the remitter and beneficiary when effecting the transfer. If you only have your English name on record with us, we will use your English name instead.
If personal customers who are Hong Kong residents need to make remittances to your renminbi account in mainland China on a regular basis, you can set up a standing instruction to save time and trouble. You can also amend and cancel your instructions at any time through HSBC Personal Internet Banking.
Non-Hong Kong residents may need to obtain approval from the relevant Mainland authorities for Renminbi remittance to Mainland and charges may be involved should the outward remittance be rejected by the Mainland authorities or Mainland banks for non-Hong Kong residents.