RMB Account without HKID

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  1. #1

    Join Date
    Aug 2006
    Posts
    34

    RMB Account without HKID

    Does anyone know if it is possible to hold funds in RMB
    without having HKID? Most banks require HKID as far as I can see.


  2. #2

    Join Date
    Jul 2007
    Location
    TST and Macau
    Posts
    1,487
    Quote Originally Posted by zhuxai:
    Does anyone know if it is possible to hold funds in RMB
    without having HKID? Most banks require HKID as far as I can see.
    This is a requirement by the Chinese government. The only way would be to open an account in China.