see http://www.bocusa.com/portal/Info?id=649&lang=1& Can I buy and sell ... | Hacker News

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		sorenbs on Jan 14, 2011 \| parent \| context \| favorite \| on: Reasons to Open a Chinese Bank Account see http://www.bocusa.com/portal/Info?id=649&lang=1&; Can I buy and sell RMB from/to your bank? Yes, you can exchange USD for RMB or exchange RMB for USD at our bank.

grok2 on Jan 14, 2011 [–]

Thanks for the link. Didn't realise that they are allowing you to buy the Yuan and the account is actually in Yuan (though you deposit in USD -- conversion at the time of deposit).

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