Examples of RMB Accounts in a sentence
At or prior to 3:20 P.M., New York City time, on September 7, 2021, the time when sales of the Securities were first made (the “Time of Sale”), the Company had prepared the following information (collectively, the “Time of Sale Information”): (i) the Preliminary Prospectus, dated as of September 7, 2021, and (ii) each “free-writing prospectus” (as defined pursuant to Rule 405 under the Securities Act) listed on Annex A hereto.
The services apply only to Corporate RMB Accounts for general purpose and not to Designated Business Customers.2. It is only applicable to RMB Savings accounts with a balance of RMB200 or above.3. RMB fund transfer is available only via Straight2Bank and not Standard Chartered Online Banking.
Cheque issued by banks outside Hong Kong is not accepted to be deposited into the RMB Accounts.
Local cheques issued by banks in Hong Kong is accepted to be deposited into the RMB Accounts, including RMB cheques issued and drawn in relation to the subscription, acquisition and disposal of RMB Bonds or any other purpose as specified by the Bank from time to time.
The Bank may open RMB Accounts for both personal and corporate customers (including DBC as approved by PRC authorities for RMB deposits for such purpose), and effect RMB transfers between different accounts in the Bank or other banks in Hong Kong, whether or not related to trade settlement.
Without limiting the foregoing, all RMB Accounts, the interest thereon, deposit charges and other matters relating thereto, shall be governed by the Applicable Laws of Hong Kong, and by the Bank's by-laws, regulations and practices as the foregoing are now in effect or as hereafter amended, enacted or adopted.
The termination of Services (or any part thereof) or the closure of any of the RMB Accounts shall not affect or terminate the Customer’s authorization to disclose or exchange information in the possession of the Bank at the date of termination or closure.
Provision of RMB Accounts or RMB Products by us is subject to the relevant regulatory and other policy requirements, exchange rate controls and restrictions in Mainland China or elsewhere.
Also, the Bank may at any time, by notice to the Customer, close any RMB Accounts maintained by the Customer with the Bank.
Such requirements, controls or restrictions may be amended or subject to change from time to time and may increase the risks of dealing in RMB compared to other currencies and may affect the scope of our RMB Accounts or our ability to provide any RMB Products to you.