Foreign banks from 23 yuan to local residents with comprehensive services. .
2007-04-23 06: 14: 42 source: Oriental grid user comments 13 into the Forum.
Core Note: Starting today, HSBC, Citigroup, Standard Chartered and Bank of East Asia, Beijing Branch official to the local residents in Renminbi. Four banks have no minimum balance requirement, but if the account balance falls below a certain amount, bank account management fee will be charged a maximum 300 yuan / month. .
China business news April 23 news for foreign banks finally pokes renminbi retail business the last layer of paper "Windows."
Yesterday, the "First Financial Daily" from HSBC, Citigroup, Standard Chartered, the East Asian four foreign banks in China, conversion was informed that they have access to regulatory authorities confirmed that starting today you can to provide a full range of RMB services to local residents. .
This also means that, from today onwards, partly city residents can go to banks to save money, do not have to be the threshold of 100 million Yuan. At the same time, in addition to simple business, local residents can also apply for the mortgage banks and the subsequent launch of RMB investment and wealth management, financial services.
"There is no free lunch", HSBC (China) related to the newspaper reporters yesterday that the bank accounts of individuals to provide excellent financial accounts will be dominated all the same customer account numbers under the total daily average balance of the month more than 500,000 yuan or the equivalent, may be free to enjoy exclusive services, or to pay 300 yuan service fee. General personal account balance of the month the total daily or the equivalent in more than 100,000 yuan, 150 yuan can be free of monthly service fee, customers can choose to include a variety of investment and wealth management services, including. .
East Asia (China), Deputy Mayor of minjie line yesterday to this interview, the recent BEA will lead the Renminbi deposits and loans, money, mortgage, business, digital insight customer row is the threshold of 20 million Yuan, a daily assets if less than 20 000, you will receive 200 year fees. In addition, for most accounts, if the daily balance of less than 5000 RMB per month, BEA will also be charged a $ 10 administration fee.
Standard Chartered stakeholders told our reporter yesterday, the bank through the "Priority Banking" and "Excel Banking" account to the domestic resident individuals RMB products and services, thresholds were 800 thousand yuan and 80,000 yuan, if the account quarterly Average balances do not meet the requirements of each quarter will receive 250 yuan, respectively, and 200 yuan management fee. .
For today open RMB retail business, foreign banks and into the long-awaited, last weekend, part of the foreign bank branch in Shanghai has begun to attract the targeted customers RMB retail business.
According to this newspaper's knowledge, to open accounts in foreign banks to local residents, foreign executives, business owners and other individuals a higher proportion. .
According to reporter learned that these four branches in the territory of foreign banks on the territory of citizens of the renminbi business will be developed. Among them, Beijing, Shanghai, Tianjin, Shenzhen, Qingdao City residents can today to bid for the business of foreign banks.
This article Source: LONDON. .
About RMB financial news and foreign banks.
Foreign banks today officially opened the renminbi business. .
Industry insiders said the banks there are 4 big unlikely for a short time.
Bank officials: the next 5 years foreign banks in China will be very fierce competition. .
