With the Same Day RMB Credit, HSBC will value your outgoing and incoming RMB payments to/from HSBC China accounts on the same day†, provided that the remittance instructions are placed from Monday to Friday (except public holidays in either Hong Kong or Mainland China), and before the following cut-off times:
†Terms and Conditions apply. Please refer to the below Terms and Conditions.
*Applicable only to RMB payments between HSBC in Hong Kong and HSBC in Mainland China, and subject to the China local regulations as promulgated by the relevant authorities. For payments from HSBC Hong Kong to HSBC Mainland China, the beneficiaries should be corporates incorporated in Mainland China.
**Real-time preferential exchange rates via online channels are applicable to HSBCnet, Business Internet Banking and Business Mobile Banking applicable for RMB payment transaction with a minimum amount of USD10,000 (or equivalent) but up to a maximum of USD5,000,000 (or equivalent).