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Can HSBC accept US dollars in China?
Of course. HSBC's business is international, and it can accept US dollars, euros, Hong Kong dollars, Japanese yen, British pounds, Australian dollars, Singapore dollars, Canadian dollars, New Zealand dollars and other currencies. HSBC is a foreign-funded bank and financial service institution. It was founded by Thomas Shodran, a Scot, in China and Hongkong on March 1865. Its headquarters is located in the HSBC headquarters building in Central, China. It is a subsidiary of HSBC Holdings Limited, a founding member of the British HSBC Group and a flagship bank in the Asia-Pacific region. It is also the largest registered bank in mainland China and Hong Kong, and together with Standard Chartered Bank (Hong Kong, China) and Bank of China (Hong Kong, China), it is the three largest note-issuing banks in Hong Kong.