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Roger
Joined: 19 Jan 2003
Posts: 9138
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 Posted: Wed Apr 09, 2003 2:16 pm Post subject: |
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| Oh yes, HSBC IS a foreign bank - not by my definition1 |
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noyb
Joined: 22 Feb 2003
Posts: 93
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| Posted: Wed Apr 09, 2003 11:07 pm Post subject: |
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| Once foreign banks can run current accounts in RMB or other currencies, they will no longer be "representaives', but genuine bank branches! |
HSBC in China can offer RMB accounts, both checking and savings. I have one of each.
As a result, according to your definition, it is a foreign bank. |
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