Seng Heng Bank's Personal Renminbi (RMB) Service enables you to manage your finance flexibly

In view of the rapid growth of economic activities between China and Macau, Seng Heng Bank provides you with a comprehensive array of personal Renminbi (RMB) services to meet your needs in financial management.

In addition to the existing RMB cash exchange service, customers can open personal RMB deposits account and apply for RMB remittance service in our Macau Landmark Branch and Hotel Lisboa Branch starting from April 1, 2008.

We offer RMB savings deposits and fixed deposits account1 and the initial deposit amount is RMB100 and RMB10,000 respectively.  There are different tenors for fixed deposits that best fit your plan.

Besides the existing RMB cash exchange service, you can also buy or sell RMB through your savings account with our bank at a preferential exchange rate.

You can also remit RMB from your account with our bank to your RMB account under the same name at any bank in China2.  Each customer can remit up to RMB 50,000 per day.

For more details, please call our service hotline at 8398 2888.

   





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1   

RMB deposit service is only applicable to individual customers who have the legitimate right of Macau residency, which include the holders of the following identification documents: Bilhete de Identidade de Residente de Macau, Bilhete de Identidade de Residente Nao Permanente, Titulo Especial de permanencia, Titulo de Identificacao de Trabalhador Nao- Residente.  Each customer can only open one RMB savings account.  Joint name account and delegation arrangement are not allowed.

2   

Customer's daily outward remittance amount may be checked by the RMB clearing bank.  The amount of funds that remitted from our bank to your bank account under the same name in China but had not be withdrawn may remit back to our bank subject to the approval of the bank concerned in China.  Please contact your bank in China for details.

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