Effective May 1, 2012, CME Clearing will include offshore Chinese Renminbi (CNH) in the range of instruments permissible to meet performance bond requirements for futures products. All CNH deposits will be handled through CME’s Far East custodian, HSBC Hong Kong, and clearing firms should deliver funds to CME’s accounts at the bank in order to receive performance bond credit. Clearing members should call the Clearing House Banking Team at 312-207-2594 to obtain detailed banking instructions.
Clearing Member Firms must also have default withdrawal banking information on file with CME Clearing and maintain these accounts at an approved CME custodial bank. For a full listing of approved CME custodial banks, please contact the CME Clearing Banking Team at 312-207-2594.