StanChart caters to RMB retail clients
NEWS
The designated businesses include, accommodation, catering, educational, retail and medical services.
The bank has also launched renminbi to Hong Kong dollar exchange services for the seven businesses.
No deposit or withdrawal limit has been set for the renminbi savings and time deposit accounts. For the savings account no opening limit is set, but for the time deposits RMB10,000 (US$1,240) is the minimum amount needed to open an account.
Customers can access their renminbi statements via the
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