Renminbi Bank Account Details, RMB Account | HSBC Bank Canada

A convenient way to save and manage your Renminbi

Convenience and security

If you travel to China, or would like to save in Renminbi, you’ll appreciate having the ability to save in Renminbi.

No monthly fees1

You don’t pay a monthly administration fee or have minimum balance restrictions, which means your savings will grow faster.

Fees for self-service transactions

Self-directed account activity, such as transfers to another person within HSBC or another financial institution in Canada, will incur a fee of CNY 6.00. Please refer to the Personal Service Charge Brochure for wire transfer fees.2 Transfers between your own accounts with HSBC in Canada are free of charge.3

Cash deposits or withdrawals are not permitted on the RMB Account. All remittances must be electronic (via wire transfer or Personal Internet Banking) and may besubject to a transfer fee. Please refer to the Personal Service Charge Brochure for details.

This product is not insured by the Canada Deposit Insurance Corporation (CDIC).

HKD and RMB currencies are available on Regular Savings Accounts. U.S., Euro, and British currencies are available on High Rate Savings Accounts and no longer offered on Regular Savings Accounts. For information on any of these accounts, call us at 1-888-310-4722 or visit your local branch.

1Foreign exchange charges may apply.

2International money transfers through Global View & Global Transfers are not supported for the Renminbi currency.

3Foreign exchange fees may apply.

Keep your Renminbi available when you need it.
Open a Renminbi Savings Account today.

Find a branch


Call 1-888-310-4722

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