Checking Account
Keep your spending in check
with a convenient form of payment
With our low minimum deposits requirement, it’s easy to open a HKD, USD or RMB Checking Account. Our Renminbi Checking Account enables you to issue checks in Guangdong Province, including Shenzhen.
Hong Kong Dollar Checking Account
- Monthly statement detailing all account activities
- Manageable via ATM with the CCB (Asia) UnionPay Dual Currency Debit Card
US Dollar Checking Account
- Monthly statement detailing all account activities
Renminbi Checking Account
- Free to issue RMB checks in Hong Kong
- Checks issued in Guangdong Province (including Shenzhen) have to be for payment of consumer expenses and should not exceed the aggregate amount of RMB 80,000 per account per day *
-
Monthly statement detailing all account activities
* Applicable to Hong Kong Identity Card holders only
Don't be tempted by quick money. Don't sell your account.
Don’t lend or sell your account! Don’t risk your future for quick money!
Risk Disclosure
RMB Currency Risk
RMB is currently not freely convertible and is subject to exchange controls and restrictions (which are subject to changes from time to time without notice). You should consider and understand the possible impact on your liquidity of RMB funds in advance. The fluctuation in the exchange rate of RMB may result in losses in the event that you convert RMB into other currencies. Onshore RMB and offshore RMB are traded in different and separate markets operating under different regulations and independent liquidity pool with different exchange rates. Their exchange rate movements may deviate significantly from each other.
Exchange Rate Risk
Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly. The fluctuations in the exchange rate of a foreign currency may result in losses in the event that you convert HKD to any foreign currency or vice versa.