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  • RMB
  • RMB Deposit Services

Deposit and Transaction Services

RMB Products & Solutions

Deposit Services & Transaction Services

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Savings Account
  • Statement and/or passbook account* for your selection.
  • Simple interest1 is credited monthly (for statement savings) or semi-annually (for passbook savings).
  • Deposit and withdrawal of RMB at any of our branches during office hours.
  • 24-hour enquiry on the account balance, interest rate and exchange rate, and fund transfers via Phone Banking Services and Standard Chartered Online Banking2.
  • Minimum account opening balance only RMB1,000.

*Passbook account refers to RMB My Dream Account which is subject to availability.

3 eggs with symbol of Dollar, Turkish Lira, and Euro.
Current Account³
  • Each Hong Kong Identity Card holder is eligible to open one RMB current account only.
  • RMB Cheques can be:
    • Used in Hong Kong for any payments and
    • Used for payments on consumer spending in Guangdong Province subject to the maximum amount of RMB 80,000 per day.
  • 24-hour enquiry on the account balance and fund transfers via Phone Banking and Standard Chartered Online2.
a hand stacking up coins higher from left to right
Time Deposit
  • A range of deposit tenors for your selection.
  • Minimum account opening balance as low as RMB 10,000.
4 coins with symbol of Dollar, Japanese Yen, Indian Rupee, and Chinese Yuen
Exchange Services
  • 2-way currency exchange between RMB and Hong Kong Dollars (HKD) in cash or by fund transfer between accounts* at any of our branches or via Mobile Banking, Phone Banking services and Standard Chartered Online Banking.
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Dual Currency ATM Card
  • Combines RMB and HKD accounts in one card.
  • ATM withdrawal and purchases in Mainland China settled in RMB account, no need to spend extra on RMB foreign exchange; transactions everywhere else settled in HKD account.
  • Widely accepted on UnionPay, Jetco and EPS networks.
Solutions deposit cashiers order
Cashier’s Order
  • An additional instrument place after Dual Currency Card to satisfy your local RMB payment needs.
Solutions deposit remittance service
Remittance Service⁴
Remittance Service enables you to transmit funds to your same name RMB account in Mainland China (subject to the maximum amount of RMB 80,000 per day) or any RMB account in Hong Kong.

Opening Account

EXISTING CUSTOMER

NEW CUSTOMER

RMB products FAQs

  • RMB Passbook Savings Account such as My Dream Account RMB Savings is offered during the promotion period, please stay tuned for our latest promotion.

  • No overdraft facilities are provided for RMB Current Account and no overdraft is allowed for the RMB Current Account.

  • The minimum account opening balance for RMB Current / Savings Account is CNY 1,000 and for Time Deposit Account is CNY 10,000.

  • According to the requirements of People’s Bank of China (PBoC), at present, only 1 RMB Current Account can be opened for each HK ID holder.

  • According to the requirements of the RMB Clearing House in HK, only crossed and order cheques are allowed for RMB Current Accounts.

  • Customer has to maintain a minimum balance of CNY200 in RMB Savings Account to earn interest.

Terms and Conditions

    1. Simple interest is applicable to RMB Savings Account, and it is applicable only to RMB Savings accounts with a balance of RMB200 or above.
    2. Customers can make RMB conversion through their accounts as long as both accounts for relevant credit and debit transactions are maintained at the Bank under the same name.
    3. To open RMB Current Account, the customer must be a Hong Kong Identity Card holder. RMB Current Account is non-interest bearing and is not linked to any credit facilities. All RMB cheques must be crossed and made payable to a named person’s order. RMB cheques can be used in Hong Kong for any payments and Guangdong Province for the payment of consumer spending and are subject to regulatory requirements applicable from time to time. The Bank reserves all rights under the “Current/Cheque/Savings Account and Time Deposit Account Terms” including returning any RMB cheque if the use of which is considered not in compliance with any rules and regulations governing the use of RMB cheques.
    4. For remittance to/from Mainland China by non-Hong Kong Identity Card holder, approval from relevant Mainland authorities may need to be obtained. Possible consequence such as charges that may be incurred in case the outward remittance is rejected by the RMB Clearing Bank in Hong Kong, the Mainland authorities or Mainland banks. RMB Remittance Service to Mainland China is subject to the current daily limit of RMB80,000 per person per day or the daily limit may be subject to change by the Bank from time to time. Please contact our branch staff for the latest information.
    5. For details of RMB service fees, please refer to the Bank’s Service Charges Booklet.
    6. Whether to apply insurance coverage is your own individual decision. For plan policy provision, details and risk disclosure, please refer to relevant plan’s product leaflet/product brochure and specimen policy.
    7. The Bank shall have the right to amend any of these terms and conditions. In the event of any disputes, the Bank shall have the absolute discretion to make the final decision.
    8. These terms and conditions form part of your banking agreement with the Bank.
    9. For details of other Renminbi service applicable, please contact our branch staff or visit our website www.sc.com/hk.
    10. If there is any inconsistency or conflict between the English and the Chinese versions of these terms and conditions, the English version shall prevail.

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Remittance Service

Branches with Same-Day Remittance Service

Submission Cut-Off Time at 2:00pm
(Mon. to Fri., excluding public holidays)

Hong Kong Island
Kowloon
New Territories
Quarry Bay Branch
Shop G6, G/F & Shop LG1, LG/F Westlands Gardens, 1027 King’s Road, Quarry Bay, Hong Kong
Telephone:25632151		 Cityplaza Branch
Shops 42-43, G/F, Cityplaza Phase II, 18 Taikoo Shing Road, Taikoo Shing, Hong Kong
Telephone:25681153		 International Banking Centre
1/F, Golden Crown Court, 66-70 Nathan Road, Tsim Sha Tsui, Kowloon
Telephone:39283657		 Shatin Plaza Branch
Shop 8 – 16A, Level 1, Shatin Plaza, 21-27 Shatin Centre Street, Shatin, New Territories
Telephone:26810982
Pacific Place Wealth Management Centre
Suite 901-904, Level 9, One Pacific Place, 88 Queensway, Admiralty, Hong Kong
Telephone:25275619		 Des Voeux Road Branch
Shop G1, G/F & 1/F, Standard Chartered Bank Building, 4-4A Des Voeux Road Central, Central, Hong Kong
Telephone:28682154		 Canton Road Branch
G/F & 1/F, Manley House, 86-98 Canton Road, Tsim Sha Tsui, Kowloon
Telephone:27309616		 Metroplaza Branch
Shop 473B, Level 4, Metroplaza, 223 Hing Fong Road, Kwai Fong, New Territories
Telephone:24189123
Exchange Square Branch
The Forum, Exchange Square, 8 Connaught Place, Central, Hong Kong
Telephone:29158380		 Queen’s Road East Branch
G/F & 1/F, Pak Fook Building, 208-212 Queen’s Road East, Wanchai, Hong Kong
Telephone:28937131		 Telford Gardens Branch
Shops P9-12, Telford Plaza Podium, Telford Gardens, Kowloon Bay, Kowloon
Telephone:27505015		 Sheung Shui Centre Branch
Shops 1021-1023, Level 1, Sheung Shui Centre, 3 Chi Cheong Road, Sheung Shui, New Territories
Telephone:26397670
Causeway Bay Branch
G/F to 2/F, Yee Wah Mansion, 38-40A Yee Wo Street, Causeway Bay, Hong Kong
Telephone:25761226		 Shek Tong Tsui Branch
Shops 8-12, G/F, Dragonfair Garden, 455-485 Queen’s Road West, Shek Tong Tsui, Hong Kong
Telephone:25172122		 Cheung Sha Wan Branch
Shop 101A, 1/F, Cheung Sha Wan Plaza, 833 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon
Telephone:27444116		 Tai Po Branch
Shops 1 & 2, G/F & 1/F, 21-25 Kwong Fuk Road, Tai Po Market, New Territories
Telephone:26565186
Aberdeen Branch
Shop 4A, G/F and Shop 1, 1/F, Site 5 Aberdeen Centre, 6-12 Nam Ning Street, Aberdeen, Hong Kong
Telephone:28140845		 188 Des Voeux Road Branch
Shop No. 7 on G/F, whole of 1/F – 3/F Golden Centre, 188 Des Voeux Road Central, Hong Kong
Telephone:25457169		 Tsim Sha Tsui Branch
Shop G30 & B117-23, G/F, Mira Place One, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong
Telephone:27218596
Wanchai Southorn Branch
Shop C2, G/F & 1/F to 2/F, Lee Wing Building, 156-162 Hennessy Road, Wanchai, Hong Kong
Telephone:25276626		 Central Branch
G/F, 1/F, 2/F and 27/F, Two Chinachem Central, 26 Des Voeux Road Central, Hong Kong
Telephone:28778638		 Elements Priority Banking Centre
Shops 2030-2031, 2/F, Elements, 1 Austin Road West, Tsim Sha Tsui
Telephone:23758293
North Point Centre Branch
Shop G2, G/F, North Point Centre, 278-288 King’s Road, North Point, Hong Kong
Telephone:25718210		 Mongkok Branch
Shop B, G/F & 1/F-4/F, 617–623 Nathan Road, Mongkok, Kowloon
Telephone:27822322
68 Nathan Road Branch
Basement, Shop B1 on G/F and M/F, Golden Crown Court, 66-70 Nathan Road, Tsim Sha Tsui, Kowloon
Telephone:27390777
Prince Edward Road Branch
G/F & 1/F, Bijou Apartments, 157 Prince Edward Road West, Prince Edward, Kowloon
Telephone:23802308
*Note
  • Customers are recommended to visit branches 1 hour before cut-off time for applying same-day remittance service to ensure the funds will be credited to the beneficiary account(s) on the same day.
  • Same-day remittance service is applicable to currency in HKD / CNY / USD / EUR.