HSBC Renminbi Savings Account

An account that allows you to save in Renminbi with no monthly fees

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

Key features and benefits

  • Convenient and secure
    If you travel to China, or would like to save in Renminbi, you’ll appreciate having the ability to save in Renminbi and have it available when you need it.
  • No monthly fees1
    You don’t pay a monthly administration fee or have minimum balance restrictions, which means your savings will grow faster.

Open an account

New to HSBC?

Complete and submit our convenient online contact form in just minutes.

An HSBC representative will connect with you within 2 business days to discuss your financial needs and direct you to the nearest HSBC branch to complete your application.

Or call: 1-888-310-4722

Existing HSBC customer

Open an account instantly, transfer funds and start saving right away.

Or call: 1-888-310-4722

* Promotion will apply a discount to the FX conversion charges when converting any of the currencies (INR, HKD, RMB) to or from either CAD or USD. Does not apply to the purchase or sale of physical banknotes. Does not apply to negotiated rates. Personal Banking rates only. Existing currency restrictions may apply. Offer valid through January 31, 2020.

Cash deposits or withdrawals are not permitted on the RMB Account. All remittances must be electronic (via wire transfer or Online 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.

1 Foreign exchange charges may apply.

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

3 Foreign exchange fees may apply.