• 11/30/2024

Banks prepare for new rules allowing Hong Kong, Macau homebuyers to bypass daily remittance cap when buying property in Greater Bay Area

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.

https://www.scmp.com/business/banking-finance/article/3251019/banks-prepare-new-rules-allowing-hong-kong-macau-homebuyers-bypass-daily-remittance-cap-when-buying?utm_source=rss_feed