Hang Seng Bank (China) Limited WMC service has been upgraded together with our parent bank Hang Seng Bank Limited, to provide customers in the Guangdong-Hong Kong-Macao Greater Bay Area with new investment opportunities.
Key Features
Take advantage of two-way cross-border investment opportunities
The WMC service refers to a closed-loop capital management channel established by financial institutions in the GBA area, to facilitate cross-border investment of eligible products for mainland and Hong Kong/Macao investors, the service is divided into "Northbound" and "Southbound". Hang Seng China works closely with its parent bank, Hang Seng Hong Kong, and is committed to providing investors with diverse and convenient cross-border investment options.
Easily invest in simple and moderate-risk wealth management products
WMC welcomes "2.0" upgraded version in Feb 2024, Financial institutions participating in “WMC Southbound" will provide more types of investment funds, bonds/certificates of deposit and multi-currency deposit products to investors who meet the requirements. Hang Seng China will provide qualified “WMC Northbound" investors with selected CNY-denominated deposit products and publicly offered securities investment funds (excluding commodity futures funds) with risk levels of “R1” to “R4” rated by mainland public fund managers and mainland sales banks.
Closed-loop cross-boundary remittance
Cross-boundary remittance under WMC will be conducted and managed in a closed loop through the one-to-one binding of designated remittance and investment accounts to ensure that the relevant funds will only be used to invest in eligible investment products.
Regulated and protected by Hong Kong and Mainland authorities
Transactions carried out by investors under WMC Southbound Service and WMC Northbound Service are subject to the protection of the laws and regulations of Hong Kong and the Mainland respectively according to the territorial administration principles.
you are currently logged off to e-Banking.
