Renminbi (RMB) Services

Manage your RMB with our diversified products and services

Minimum Initial Deposit

￥
100


Tenor

Various Options


Eligibility

  • Age 18 or above
  • Macau, Mainland China, Hong Kong and overseas residents
How to apply

  • Standing instruction for daily buy-in RMB
  • Select from passbook or statement account
  • No limitation on deposit tenor
  • Interest rate is higher than normal savings account
  • Deposit tenors of 1, 2, 3 or 6 months
  • Minimum initial deposit of RMB5,000
  • Provide overdraft or loan facilities up to 95% of the RMB Fixed Deposit    
  • Provide RMB cash exchange service
  • Daily exchange from RMB to HKD/MOP or vice versa
*Exchange arrangements in practice are subject to transaction condition at the time.
  • Remit RMB to a RMB account held under the same account name opened in Mainland China with a daily remittance limit of RMB80,000 per person.
  • Remit funds in RMB or foreign currency from overseas to designated accounts within Mainland China, or remit mortgage repayments to loan accounts within Mainland China for the purpose of purchasing newly built and second-hand properties in Mainland China cities located within the Greater Bay Area. These cities encompass Guangzhou, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, and Zhaoqing (the inclusion of specific cities is subject to the most recent  announcement by local authorities):
    • The remittance amount is not subject to the daily limit of RMB 80,000 per person for transfers to Mainland China accounts with the same name. However, it must not exceed the value of the purchased property and its associated fees, or the amount required for repaying domestic mortgage loans (including monthly installments or early settlements).
    • The remittance remarks must indicate "Greater Bay Area property purchase" and the specific address of the purchased property.
    • Prior to remitting funds, customers must first confirm with the receiving bank in Mainland China regarding the requirements for processing the remittance and whether they accept remittance instructions with "CTF" as the purpose code, to avoid any impact on the disbursement of the remittance.

* The above services are only applicable for Macau residents.

Conditions for remitting funds to China for property related settlement are subject to Mainland China’s prevailing policy.

  • OCBC Bank UnionPay Debit Card is supported by UnionPay, Jetco and EPS network which provides cash withdrawals and shopping convenience in Macau, Hong Kong and Mainland China.

Internet Banking

Transaction enquiry

Check your account details on deposits, loans and investment

Payment & Transfer

Utilities and credit card payment

How to apply?

Visit our branches with required documents for account opening.

Branches Account Opening Appointment Service

Hotline

OR

(853) 2834 3773

Business Hour:
9:00 – 17:30 Mon – Fri
(excluding Bank Holidays)


Documents required for account opening:

  1. Valid Identification Documents & Address Proof (within the latest 3 months) of Account Holders and Attorneys (if any)
  2. Non-Permanent ID holder has to further provide Travel Documents such as Passport
  3. Non-Macau Resident should be a holder of “Non-Resident Worker’s Identification Card” and has to provide Passport or Exit-Entry Permit and Immigration Card (if any)

Remarks:

  1. Identification Documents refer to ID, Passport and Exit-Entry Permit. Non-Permanent ID holder has to further provide Travel Documents.
  2. Address proof refers to utilities bills, bank statements, or government documents with account holder’s name printed on it.
  1. Should there be any difference between the client’s permanent address and his/her current address, a permanent address proof should be submitted.