 |
Renminbi Corporate Banking Services
Connecting China and Hong Kong
Helping your business take off
BEA's extensive network covers nearly 140 branches and SupremeGold Centres in Hong Kong and more than 80 outlets in Mainland China, giving the Bank an ideal platform to provide comprehensive one-stop Renminbi corporate banking services to our customers. With Renminbi services including cross-border trade settlement, cross-border trade finance, exchange, remittance, fund transfers, and time deposits, we can help you grasp business opportunities in an increasingly competitive market.
From now until 15th January, 2011, corporate customers can enjoy the following special offers:
| (1) |
Same-day service and a waiver of the handling fee for cross-border Renminbi T/T remittances1 made from Renminbi Trade Settlement Accounts held in Hong Kong with The Bank of East Asia ("BEA") and paid to The Bank of East Asia (China) ("BEA China") |
| (2) |
Special deposit rate for Renminbi fixed deposits placed in Hong Kong with BEA |
| (3) |
Receive cash coupons for Hong Kong trade finance services worth HK$1,0002 when you |
| |
open a Renminbi Trade Settlement Account in Hong Kong with BEA and maintain a deposit of Renminbi 3 million or above as of the end of business on 15th January, 2011 |
Terms & Conditions:
| 1. |
Same-day cross-border Renminbi T/T remittances are restricted between BEA and BEA China subject to the regulations of the relevant PRC authorities. Remittance services are available from Monday to Friday (excluding public holidays for Hong Kong and the Mainland China), subject to a remittance order being received by our bank and duly completed before 12:30p.m. on the day of remittance. |
| 2. |
The cash coupon for trade finance services is valid until 30th June, 2011. For full terms and conditions relating to the cash coupon, please refer to the promotional leaflet.
|
| 3. |
The special offers listed above are available to BEA corporate account customers.
|
| 4. |
BEA reserves the right to vary or cancel any of the above offers and/or amend or alter these terms and conditions at any time without prior notice. In the event of any dispute, the decision of BEA shall be final and conclusive. |
| 5. |
Should there be any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall apply and prevail. |
Risk relating to Renminbi: You should note that the value of Renminbi against other currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between Renminbi and foreign currencies both in Hong Kong and the PRC), which may adversely affect your return under the Renminbi time deposit if you convert the Renminbi time deposit into other currency. You should also note that Renminbi is currently not freely convertible and conversion of Renminbi through banks in Hong Kong is subject to certain restrictions.
China Connect Hotline: (852) 2211 1338
|
|
