Renminbi Business Account | OCBC Business Banking SG
Renminbi Business Account

Renminbi Business Account

For businesses that conduct transactions and trades in China

Why you will love this

Manage your RMB foreign exchange risk exposure in a single account

Reduce currency exchange cost

Boost efficiency and profitability of your trade transactions with China

Our Renminbi Business Account is designed for companies with a business presence in Singapore and actively trade in China.

Before you apply

Eligibility requirements

Type of business

Onshore RMB (CNY)

Businesses that conduct cross-border trade transactions with China

Offshore RMB (CNH)

All businesses
Other eligibility criteria may apply. Our Business Banking Manager will advise you accordingly

Fees and charges

Fees
No initial deposit required
Charges and rates
NA

Business Financial Management

Business Financial Management

Always be ready for unexpected changes and new opportunities. Plan your business ahead with our Business Financial Management capabilities, integrated in OCBC Velocity.

*Free with your OCBC business account

Ready to apply?

Open your Renminbi Business Account with us today

FAQS
Common questions
See all questions
What are the fees and charges of this business account?

View the Business Banking Pricing Guide for a breakdown of all costs 

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Register of Insured Deposits
Business Account Terms and Conditions
See all questions
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