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Your features/Renminbi savings account

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Renminbi Savings Account

Overview

Access to one of the world's largest and fastest-growing economies with an HSBC Premier Renminbi Savings Account

  • Renminbi (RMB) funds held in New Zealand just like any other foreign currency and earning interest
  • International transfers to other RMB accounts or to accounts in any other foreign currency 
  • RMB foreign exchange that capitalises on shifting exchange rates by exchanging other currencies to and from RMB
  • No monthly fee and available exclusively to HSBC Premier customers

Apply for your HSBC Premier Renminbi Savings Account now

HSBC was the first bank in New Zealand to offer Chinese Renminbi (RMB) accounts for business customers, and the first in the world to offer the service across six continents. Now, we're leading the way again with the HSBC Premier Renminbi Savings Account, which gives personal customers the opportunity to access a previously restricted emerging market currency.

Full details

Important information

  • There is no ATM card available for this account

Minimum deposits

An initial deposit of NZD1,000 equivalent of RMB will be required to open your account, but once it is opened, this balance will not need to be maintained.

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