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EDITOR-IN-CHIEF Paulo Coutinho
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Home›Macau›Mainland Branches of Macau, HK banks to offer cards
Briefs

Mainland Branches of Macau, HK banks to offer cards

By -
Tuesday, February 25, 2025
124
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Starting March 1, mainland branches of banks from Macau and Hong Kong can offer bank card services, according to a National Financial Regulatory Administration (NFRA) notice. The move aligns with amendments to the Closer Economic Partnership Arrangement (CEPA) and aims to boost financial integration within the Guangdong-Hong Kong-Macao Greater Bay Area. It will allow foreign currency and yuan bank cards for overseas Chinese citizens and enhance economic cooperation between the mainland and the SARs.

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