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RMB Banking Services

Enjoy a full range of RMB banking services wherever you are!

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Product Features

  • Provides you with RMB Savings and Fixed Deposit services
  • Preferential interest rate
  • Customers may manage their deposits and transfer funds flexibly and conveniently through Dah Sing branches in Hong Kong, through online e-Banking services or by using phone banking services

  • RMB Current Account allows you enjoy savings interest rate and the convenience of cheque issuance
  • RMB cheque book free of charge
  • Personal Customer who is a Hong Kong Resident can issue cheques in Guangdong Province (including Shenzhen) for payment of consumer spending
  • Issuance of Monthly statement is available, which clearly shows every transaction in details

  • One-stop RMB auto-exchange and RMB fixed deposit auto-placement services without service fee
  • Customers may simply place a single instruction at any Dah Sing branch, and we will automatically transfer the relevant funds from customers' HKD deposit accounts to their RMB savings accounts daily, according to the total targeted RMB amount to be exchanged and the daily exchange amount set by customers
  • RMB fixed deposit will automatically open upon completion of RMB auto-exchange and transfers. No extra instruction is necessary

  • RMB & HKD two-way exchange services are available
  • Preferential exchange rate
  • Dah Sing Bank customers are entitled to enjoy waiver on note exchange handling fee

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  • Transfer RMB to local banks' accounts anytime
  • Outward remittance of RMB funds to account in Mainland China
  • Services to receive RMB funds remitted from banks in Mainland China back to Hong Kong is available

Withdraw RMB notes via all Dah Sing Bank ATMs without charge

  • Enjoy the exclusive services of withdrawing cash or making purchases in both Hong Kong and Mainland China via Dah Sing ATM Card
  • Simply open a HKD account and apply for a Dah Sing HKD Card, customers can withdraw RMB cash from his/her HKD account in Mainland China. If customers possess RMB accounts, RMB withdrawal in Mainland China can be made directly from the RMB accounts so as to avoid the price difference in currency exchange.

Automatic Teller Machine Service and Direct Debit Payment in Mainland China

  • Convenient and efficient RMB withdrawal service and balance checking through over 70,000 ATM machines with Union Payamong several provinces/cities in Mainland China.
  • You can enjoy the spending sphere and make purchase by over 500,000 POS Terminals marked with Union Pay in Mainland China

Automatic Teller Machine Service and Direct Debit Payment in Hong Kong

  • Withdraw HKD or RMB via over 1,600 ATMs marked Jetco logos
  • Enjoy purchase payment by EPS and bill payment via PPS at over 20,000 merchant outlets
Dah Sing Dah Sing
  • Dual Currency in one Card, Both HKD and RMB Credit Card account in one single credit card
  • Welcomed by over 100 countries & markets around the world, while accepted by over 2.2M merchants in China with UnionPay logo
  • Enjoy Overseas Transaction Handling Fee Waiver for spending at China or Oversea
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Useful Information Related to RMB Banking Services

  • RMB account holders must be individual customers aged 18 years or above
  • deposit RMB exchanged from Hong Kong Dollars or in RMB banknotes
  • Interest of RMB Savings Account will be calculated on the daily closing balance and paid monthly. The day basis for the interest calculation is 360 days per year.
  • For banknotes deposit, only RMB banknotes in denominations of RMB10, 20, 50 and 100 of Series 4 & Series 5 are accepted. RMB coins and other denominations are not acceptable.
  • Overdraft, cashier order and lending services are not available
  • Only applicable to individual customers aged 18 years or above
  • Each customer is only allowed to open one RMB Current Account at Dah Sing Bank
  • Interest of the RMB Current Account will be calculated on the daily closing balance and will be paid monthly. The day basis for interest calculation is 360 days per year.
  • Daily aggregate payment amount for cheque issuance from RMB Current Account, to settle consumer spending payment in Guangdong Province (including Shenzhen) for Personal Customer who is a Hong Kong Resident, must not exceed RMB 80,000.
  • Overdraft is not allowed for RMB Current Account
  • Cheques are non-transferrable
  • General Exchange Service
    1. RMB & HKD two-way exchange services are available
    2. Only RMB banknotes in denominations of RMB10, 20, 50 and 100 of the Series 4 & Series 5 are accepted. RMB coins and other denominations are not acceptable.
  • Exchange through Account
    1. Only for exchange between HKD & RMB
  • Customer can transfer RMB fund (1) to any account at any local banks for any purpose; or (2) to any third parties' accounts at Dah Sing Bank
  • Outward remittance service will be provided from Mondays to Fridays. No services will be provided on Saturdays, Mainland Holidays and Hong Kong Holidays. For the service hours, please contact our branch staff.
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  • Provide outward remittance of RMB funds to Mainland China accounts
  • Remitters must be RMB deposit account-holders
  • Remitter and beneficiary should be in the same name
  • Maximum amount per Personal Customer who is a Hong Kong Resident¬†per day is RMB 80,000. If the aggregate remittance amount exceeds such limit, the remittance instruction will be rejected and the reject payment will be returned in full amount. The above outward remittance limit is not applicable to the Personal Customer who is a non-Hong Kong Resident (i.e. an individual who is not a holder of Hong Kong Identity Card). Outward remittance service to the Mainland China or other places outside Hong Kong are subject to the rules and regulation requirements of Mainland China or the relevant jurisdiction. Outward remittance may be rejected due to local rules and regulatory requirements and subject to charges applicable to returned remittance.
  • When applying for the outward remittance, customers need to provide the standard Chinese code of their Chinese names.
  • Outward remittance service will be provided from Mondays to Fridays. No services will be provided on Saturdays, Mainland Holidays and Hong Kong Holidays. For the service hours, please contact our branch staff.
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ACT NOW!

To borrow or not to borrow? Borrow only if you can repay!

Subject to relevant terms and conditions. For details, please click here.

General Terms & Conditions:

  1. The initial deposit amount for an RMB savings account is as low as RMB100; the minimum deposit amount for RMB fixed deposits is RMB10,000. RMB Savings Account / RMB Current Account holders who maintain an average monthly balance of HK$5,000 or above will enjoy a waiver on the relevant low-balance account maintenance fee. The calculation for average balance includes the balances of customers' other accounts at Dah Sing Bank. For details, please contact our branches.
  2. The initial deposit amount for an RMB Current Account is as low as RMB1,000. The daily consumptional expense in Guangdong Province (including Shenzhen) of an RMB Current Account for a Personal Customer who is a Hong Kong Resident must not exceed RMB80,000.
  3. All Dah Sing ATMs and selected JETCO ATMs provide RMB cash withdrawal services. The services of RMB cash withdrawal via Dah Sing ATMs are applicable to Dah Sing Bank customers only.
  4. When using Dah Sing ATMs, customers may choose to debit the amount from their RMB account or HKD account.
  5. The handling charges will be levied for cash withdrawal via ATMs in Mainland China. The maximum withdrawal amount per day is RMB10,000.
  6. Customer can enquire balance of HKD account at Dah Sing HKD Card and balance of RMB account at Dah Sing RMB Card.
  7. Maximum daily spending amount is RMB 20,000.
  8. The whole line of Dah Sing ATMs and part of ATMs with JETCO logo can provide RMB cash withdrawal. Customer can choose to debit RMB account or HKD account via Dah Sing ATMs. Daily withdrawal limit is RMB10,000.
  9. The offer is applicable to the RMB deposit balance of Dah Sing i-Account or VIP i-Account or Character Consolidated Account. The above interest rate will not exceed the RMB interest rate offered by the RMB Clearing Bank to the Participating Bank in Hong Kong.
  10. For details and terms and conditions of all of the above services and charges and other relevant charges details of the Bank, please refer to the Master Terms and Conditions and the Bank Service Charges of the Bank or contact the customer services officers of the bank. Dah Sing Bank reserves the right to amend the terms and conditions and/or terminate the above offers at any time without prior notice. In case of any disputes arising out of this promotion, the decision of the Bank shall be final and conclusive.


Currency Risk Disclosure: Exchange of RMB to HKD or other currencies is subject to currency exchange rate fluctuation. Customers 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. RMB is currently subject to exchange controls imposed by the PRC government, the exchange rate may be easily affected by change in government policies.