Can Hong Kong banks remit money to mainland banks?

Hello, the answer is yes. Of course, Hong Kong banks can remit money to mainland banks.

Under the control of the foreign exchange administration, the daily and annual foreign exchange purchase limit is 50,000 US dollars. So it is not feasible to transfer more than $50,000. In addition, the remittance process of each bank is different, but almost the same. Hong Kong banks remit foreign currency to mainland banks, and mainland banks exchange foreign currency. Now you can basically do it directly on mobile banking, which is very convenient and fast!