In view of the closer connection between Hong Kong and the Mainland China, Fubon Bank understands your needs for more comprehensive RMB financial solutions. We provide you with an array of diversified personal RMB services, allowing you to manage your RMB transactions easily.
Our RMB deposit accounts1,2 provide you with preferential interest rate3 as well as consolidated statement which allows you to view all transaction details at a glance. Moreover, various RMB deposit accounts below are ready at your service to suit your financial needs.
|-||No limitation on the cheque amount for cheques issued in Hong Kong|
|-||Aggregate limit of RMB cheques issued for the acquisition of customer goods and/or services within Guangdong Province (including Shenzhen) in the Mainland China is RMB80,0006 per account per day|
Fixed Deposit Account
|-||We distribute various RMB-denominated open-ended investment funds and enhance your potential long term capital gain by investing the global markets through RMB|
|-||Provide various maturity periods for you to capture stable return|
|-||100% principal protected, as well as have a chance to earn enhanced potential returns when the performance of the Reference Currency Pair is in line with the expectations.|
|-||You can fix forward exchange rate with the Bank (within one year tenor) in order to exchange RMB.|
|-||It enables you to meet your insurance needs and financial goals|
Customers who have our RMB Deposit Account can enjoy RMB Remittance Services, including:
|-||No limitation on fund remittance to any local bank’s accounts|
|-||Remitter and beneficiary should be the same person|
|-||The beneficiary must open and maintain an account in the Mainland China|
|-||Remittance limit is RMB80,0008 per customer per working day|
|-||You can withdraw RMB banknotes through any ATMs of Fubon Bank in Hong Kong# without charge|
For details, please visit any Fubon Bank branches or call us at 2566 8181 (press 3 after language selection) during office hours*.
* Monday to Friday: 9am to 7pm; Saturday: 9am to 1pm (except public holidays).
#Except Jordan, Mong Kok and Kwun Tong Branch.
Terms and Conditions
Risk Disclosure Statement:
The following risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before you trade or invest. You are advised to seek independent financial and professional advice before you trade or invest. Investment involves risks. Prices of investment products may go up as well as down and may even become valueless. Past performance is not indicative of future performance. It is as likely that losses will be incurred rather than profit made as a result of buying and selling investment products.
Currency-linked products/certain unit trusts are investment products involving derivatives. The investment decision is yours but you should not invest in the investment products unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
Currency-linked products/bonds/insurance products are not equivalent to, nor should it be treated as a substitute for time deposit. They are not protected deposits and are not protected by the Deposit Protection Scheme in Hong Kong.
Part of the premium of life insurance plans pays for the insurance and related costs. You should note the long-term nature of the plans. If you surrender the policy before the end of the term, the amount to be received by you may be less than the total paid premiums, and thus resulting in a pecuniary loss. The policyholder is subject to the credit risks of the insurance company.
Bonds are subject to the risk of the issuer defaulting on its obligations, customers may not be able to receive back the principal and interest. Credit ratings assigned by credit rating agencies do not guarantee the creditworthiness of the issuer. Bonds are more susceptible to fluctuations in interest rates and generally prices of bonds will fall when interest rates rise. Bonds may not have active secondary markets and it would be difficult or impossible for investors to sell the bond before its maturity. Even you can sell your bonds before maturity, you may receive an amount lower than the original investment amount. If you invest in foreign currency bonds, customers may incur loss if they convert to local currency where there is devaluation in foreign currency. If a bond is early redeemed and you reinvest the funds in similar bonds, your return may be substantially reduced.
The value of RMB is subject to the risk of currency exchange rate fluctuation. Customer should bear the risk of RMB exchange rate fluctuations which may cause profit or loss if customer chooses to convert RMB to HKD or other currencies. For RMB products which are not denominated in RMB or with underlying investments which are not RMB-denominated, such products will be subject to multiple currency conversion costs involved in making investments and liquidating investments, as well as the RMB exchange rate fluctuations and bid/offer spreads when assets are sold to meet redemption requests and other capital requirements. Renminbi is currently subject to regulatory and foreign exchange restrictions (which might be changed from time to time).
This marketing material is issued by Fubon Bank (Hong Kong) Limited and the contents have not been reviewed by the Securities and Futures Commission of Hong Kong and is for reference only, and does not constitute, nor is it intended to be, nor should it be construed as any advice, offer or solicitation to deal in any of the investment products mentioned herein. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objectives. You should not base on this marketing material alone to make any investment decision, but should read in detail the relevant offering documents and Risk Disclosure Statements or seek independent professional advice if in doubt. The investment decision is yours but you should not invest in the investment product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.