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GBA CNY Type II Settlement Account

Designed for Hong Kong customers to enrich your cross-border payment experience

Key benefits of the account

Break geographic barriers

Hong Kong residents can open a mainland account at any designated HSBC Hong Kong branch across Hong Kong island, Kowloon and the New Territories.

Access to mainland payment ecosystem

Connect your account to Alipay, WeChat Pay or JD Pay and enjoy hassle-free payment with one account covering transportation, shopping and online transactions.

Account advantages

Open an account from Hong Kong

Open a GBA Type II Account without leaving Hong Kong

Simple application

Only 3 steps to open your GBA CNY Type II Settlement Account.

Travel with ease

Link to your mainland China payment tools to enjoy a convenient payment experience.

Account features

  1. By opening a GBA Type II Account and linking it to third-party payment platforms like Alipay, WeChat Pay, and JD Pay, Hong Kong residents can easily make online payments for daily expenses.
  2. Our GBA Type II Account supports fund transfer inflow from your HSBC Hong Kong CNY account under your name, cash deposits, and linking to third-party payments.[@gba-typeii-transfer-outflow]
Additional details and transaction limits:
Account features Feature details Limits
Fund inflow You can only transfer funds from your HSBC Hong Kong CNY account under your name.     Daily inflow limit: RMB10,000

Annual inflow limit: RMB200,000
Fund outflow You will need to submit your application at the counter to transfer funds out to your designated HSBC Hong Kong CNY account under your name.
Daily outflow limit: RMB10,000

Annual outflow limit: RMB200,000
Purchases via third-party payments You can only make purchases through third-party payment platforms linked to your Type II account. Daily consumption limit: RMB10,000

Annual consumption limit: RMB200,000
Bank card We'll only provide the identification number for this type of account. Physical cards won't be issued.
N/A
Wealth product You're eligible to purchase deposit products.     None
Additional details and transaction limits:
Account features Fund inflow
Feature details You can only transfer funds from your HSBC Hong Kong CNY account under your name.    
Limits Daily inflow limit: RMB10,000

Annual inflow limit: RMB200,000
Account features Fund outflow
Feature details You will need to submit your application at the counter to transfer funds out to your designated HSBC Hong Kong CNY account under your name.
Limits Daily outflow limit: RMB10,000

Annual outflow limit: RMB200,000
Account features Purchases via third-party payments
Feature details You can only make purchases through third-party payment platforms linked to your Type II account.
Limits Daily consumption limit: RMB10,000

Annual consumption limit: RMB200,000
Account features Bank card
Feature details We'll only provide the identification number for this type of account. Physical cards won't be issued.
Limits N/A
Account features Wealth product
Feature details You're eligible to purchase deposit products.    
Limits None

Eligibility

  1. Hong Kong permanent resident aged 18 or above
  2. Have an HSBC Hong Kong account for at least 6 months
  3. Have a valid Mainland Travel Permit for Hong Kong and Macau Residents ('Home Return Permit') or a Resident Permit for Hong Kong, Macau, and Taiwan (valid for at least 3 months)
  4. Have a valid Hong Kong ID card
  5. Not an existing HSBC China customer
 

Contact us

HSBC China GBA customer service hotline

+86 400-920-3827 or 95366

HSBC Hong Kong customer service hotline

+852 2233 3000

Frequently asked questions

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Remarks

Important notes