Meng Tan Mauritius

HSBC offers account in Chinese currency

For the first time, HSBC is offering customers the option to open bank accounts in renminbi (RMB or the yuan), which is the official currency of China. Through the Renminbi Savings and Term Deposit Account, customers will be able to access what has until now been a restricted emerging market currency. Talking about the new [...]

19 May 2011, The Independent Daily