"At HSBC, we recognise the importance of providing our customers with ease of access and convenience to a range of services that help them achieve their retail banking, and wealth needs. This new product offering will add to the extended suite of Retail Banking and Wealth Management solutions the bank already offers to enhance its customer experience and meet the needs of the Middle East's growing segment of affluent individuals. HSBC's RMB deposit products also present an opportunity for its customers to diversify their currency holdings and investment portfolios."In addition to the added benefits that are available with the new product offerings, customers can also benefit from HSBC's flagship Global View Global Transfer platform, which allows them to transfer money to another RMB account within or outside the UAE through instant cross border wires thereby reducing foreign exchange and currency fluctuation costs.
New Investment Opportunities In Chinese Currency For HSBC Customers In The Middle East
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