HSBC BankAugust 30announcementSaid that from December 1st, personal foreign exchange trading business will be suspended, and the business resumption time will be notified separately. However, the notice was deleted shortly after its publication.
In this regard,HSBC BankA clarification notice was issued stating: “In order to upgrade and optimize the technical system, from 0:00 on December 1, 2021, our bank will suspend personal foreign exchange trading (foreign exchange against foreign exchange) business, and the business recovery time will be notified separately. Personal foreign exchange settlement and sale business It will not be affected and can be handled normally.”
It is worth noting that the personal foreign exchange trading business and the personal foreign exchange settlement and sale business are not the same. Among them, the personal foreign exchange trading business refers to the personal foreign exchange business commissioned by individual customers to convert one freely convertible foreign currency into another freely convertible foreign currency based on the international foreign exchange market, such as U.S. dollar exchange for British pound, U.S. dollar exchange for Japanese yen , Yen to British pound, U.S. dollar to Euro, etc. The business of personal foreign exchange settlement and sale refers to the business of buying foreign exchange with RMB or converting foreign exchange into RMB.
The reporter learned thatHSBC BankPersonal foreign exchange trading provides four types of commission transactions: spot commission, limit commission, stop loss commission and selective commission. The trading currencies are nine currencies including the US dollar, Japanese yen, Hong Kong dollar, British pound, Euro, Canadian dollar, Swiss franc, Australian dollar, and Singapore dollar.
Currently, personal foreign exchange trading business can be done by phoneBankAnd onlineBankTwo ways of trading.ChinaBankThe minimum amount of a single transaction for personal foreign exchange trading is equivalent to USD 10 (converted according to the real-time quotation of Hua Xia Bank), and the maximum amount of a single transaction does not exceed the equivalent of USD 1 million.
It’s worth mentioning that Zhang Jianhua, President of Hua Xia Bank, in the first half of 2021PerformanceIn response to the event at the press conference, it said, “The current international economic situation is complex and the foreign exchange market is volatile. Our bank has comprehensively considered customers’ risk tolerance and other factors to suspend personal foreign exchange trading. However, the normal foreign exchange settlement and sales of our customers will Not affected. In the future, our bank will make adjustments to various services according to market changes and customer needs.”
(Source: 21st Century Business Herald)
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