In July  2  BIS central bankers’ speeches  2009, Macao banks were allowed to conduct settlement for cross-border trades denominated in RMB. At the moment, RMB is freely circulated in Macao like other currencies.
As long as the funds will not flow back to the Mainland, banks in Macao have a free hand in handling all types of RMB business to cater to the needs of the market. Besides, the Real Time Gross Settlement System of Macao has interface capabilities with the Mainland and will surely facilitate cross border clearing for the RMB.