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HSBC lawful said, the threshold has by far finalized. However, the current HSBC
the threshold for the public is maximum concerned almost the issue, the 4 banks give differ answers, merely folk ambition to enjoy the zero threshold is not the feasibility of foreign banking services colossal.
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It is reported namely local dwellers can not enjoy the casual foreign bank's RMB services (millions of dollars have been granted more than time deposits), to be located nigh the branch to apply for and obtain regulatory acceptance and approval, side can be gradually carried out.
the current network on March 30, Zhejiang Xinhua HSBC, Standard Chartered, East Asia, Citigroup Four foreign banks announced yesterday that China officially became the first locally merged foreign banks to complete.
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New Network March 30, Zhejiang Xinhua HSBC, Standard Chartered, East Asia, Citigroup Four foreign banks announced yesterday that China officially became the first locally incorporated foreign banks to complete. Yesterday morning,
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Standard Chartered Bank, the sources, will be through the $ 10,000 of the yuan, For the equivalent of $ 10,000 less than the yuan, to open one list, but dictate a fare of 150 RMB per quarter.
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concerned yesterday, Bank of East Asia is estimated that the retail renminbi business may be formally launched in mid-April.
Bank of East Asia, said the retail business can be started after the 1 USD to open an account in a two-week promotional period with no threshold, do not charge fees, will be inspected in East Asia during this phase other foreign lines, and then determine whether the set threshold of the future, to near account treatment fees.
yesterday announced that Bank of East Asia, the bank is scheduled for April 1, 2007 to complete corporate restructuring to alternate banks, and on April 2, 2007 officially opened . Bank of East Asia (China) to open a branch in Shanghai.
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