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BOC Hong Kong (02388.HK) Fully Launches "Mainland China Property Purchase Remittance" Service, Covering All Mainland Cities
2026-04-09 12:09:11 Bank of China (Hong Kong) (02388.HK) announced the full launch of its "Mainland China Property Purchase Remittance" service. Building on its existing Greater Bay Area property purchase remittance service, the bank has expanded the remittance coverage to all cities across Mainland China. At the same time, eligible customers have been extended from Hong Kong permanent residents to include Macau permanent residents, Taiwan residents and foreign nationals, facilitating overseas individuals to purchase properties in Mainland China and promoting regional integration and talent mobility. BOC Hong Kong's "Mainland China Property Purchase Remittance" service enables customers holding a Mainland Travel Permit for Hong Kong and Macau Residents, a Mainland Travel Permit for Taiwan Residents, or a foreign passport to remit funds for the purchase of primary and secondary residential properties to receiving banks in all Mainland cities. Eligible customers are required to visit the bank's branches to process the service and may choose to remit in HKD, RMB or foreign currencies. For non-RMB remittances, the receiving bank in Mainland China will handle the relevant currency conversion and crediting procedures. In addition, in response to customers' cross-border financing needs at different life stages, BOC Hong Kong's Greater Bay Area "Home Easy" scheme provides mortgage loans and property-backed lending services for Hong Kong permanent residents, assisting customers in purchasing properties in the northbound market or obtaining financing secured by properties in the Greater Bay Area. The scheme currently covers properties in nine Mainland cities within the Greater Bay Area. The mortgage plan offers both HKD and RMB options to meet customers' diverse financial planning needs. (hc/w)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |