![]() ![]() When the legal income of RMB comes from salary or other types of income issued from a foreign-investment enterprise to non-China nationals/Hong Kong, Macau, Taiwan residents/overseas Chinese, you should purchase foreign exchange by presenting your relevant certificate and documents subject to your after-tax income. With regard to the legal income in RMB under the Current Account FCY Funds held within Mainland China's borders, you should purchase foreign exchange by presenting your valid identity certificate and the related evidential materials (inclusive of tax voucher).Valid identity certificate and the related evidential materials should be presented at HSBC local branches for application: There is no quota for overseas customers wishing to purchase FCY. Please arrange your transaction time properly. By that time, customers can’t do Foreign Exchange related services via Online Banking, Mobile Banking, and WeChat banking. *Our bank will end the Foreign Exchange settlement and purchase services on the digital channel at 16:30 before the holiday. (excluding public holidays in mainland China*)Branches: 9:00 - 17:00, Monday to Friday (excluding public holidays in mainland China) Visit our branches with your valid identity certificate and other documents (if applicable)įor branch transactions, settlement and purchase transactions are available to both domestic and non-domestic customers with valid ID and related supporting documents, if necessary.įor e-banking, settlement transactions are available to both domestic and non-domestic customers purchase transactions are available to domestic customers only. Digital Channel Service Hours: USD/CNY conversion:9:30 to 22:00 Monday - Friday, other currency/CNY conversion: 9:30 - 18:00, Monday – Friday.To conduct foreign exchange settlement/purchases, you can either: For foreign individuals, the annual quota of settlement is USD 50,000 equivalent. Individual Foreign Exchange Purchase Business allows customers to purchase foreign currencies from HSBC.Īccording to the regulation set out for individual foreign currency conversion by the State Administration of Foreign Exchange, for domestic individuals the annual quota of settlement and purchase is USD50,000 equivalent. Individual Foreign Exchange Settlement Business allows customers to sell their foreign currencies to HSBC at our foreign exchange rates in return for the equivalent amount in RMB. ![]()
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