"Southbound Scheme" What banking services are available for an investment account?
"Southbound Scheme" Banking services for an investment account:
- Receive CNY inward remittances from the dedicated remittance account;
- Make outward remittances to the dedicated remittance account;
- Eligible time deposits under Southbound Scheme;
- Purchase eligible funds;
- Foreign exchange (for purchasing eligible products denominated in HKD or foreign currencies, or investing in offshore CNY products).
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