Business Transactions
We understand that different industries have different needs, so we provide the flexible Commercial Payments and Collections Solutions to help you manage your capital easily and also improve the operational efficiency and capital returns.
Transaction Payment Solutions
As your committed business partner, we fully understand your remittance service needs. In this light, we provide you with Transaction Payment Solutions, featuring convenient remittance services with an extensive Bank of China network. We also offer you a range of remittance, foreign currencies exchange and deposit privileges to help you manage your expenses at your fingertips and give you greater flexibility to maximize your wealth potential.
Remittance to Mainland China in 5minutes and International Telegraphic Transfer
Via BOC Remittance Plus, Remittance funds can be transferred in less than 5 minutes to all branches of Bank of China (BOC) in the Mainland of China, and within same day to BOC’s branches in Macao, China; Taiwan, China, South Korea, Singapore, Malaysia, Indonesia and Philippines.
You may conduct International Telegraphic Transfers and local express transfers via internet banking and our branch network. Telegraphic Transfers are now supported in 44 currencies.
Foreign Exchange
By using Multi-Currency Savings Account, you may exchange up to 14 foreign currencies with HKD or cross-exchange between foreign currencies. It matches your business needs and allows you to earn interest as well as generate returns from foreign exchange differences.
Flexi Time Deposit
The newly-launched Flexi Time Deposit offers greater flexibility compared to other general time deposits. It provides Business Integrated Account customers a preferential time deposit interest rate that allows them to flexibly withdraw their funds prior to maturity based on their business needs.
BOC CUP Dual Currency Commercial Card
A BOC UPI Dual Currency Commercial Platinum Card helps ease your way to the mainland. Please click here for more details.
BoC Bill Integrated Billing Service
“BoC Bill Integrated Billing Service” is an integrated billing and transaction management platform that supports online and offline payments including a variety of card options (Visa, MasterCard, JCB, Unionpay and Octopus Card) and QR Code payment (BoC Pay, WeChat Pay, Alipay and Faster Payment System (FPS)). With the support of various payment methods in a secure way, it allows merchants to handle day-to-day operation such as receive, refund and reconcile payments with ease. Please click here for more details.
Enjoy the following privileges upon successful application*:
- Waiver of account opening fees
- Waiver of first-year annual fee
- Exclusively preferential discount rate
*This offer is only applicable to customer with Business Integrated Account and the new customer of BOC Credit Card (International) Company ( “Card Company”). Card Company has the sole discretion to decide whether to accept the application of related Merchant Acquiring Services according to the information provided by customer during account opening. Also Card Company reserves the right to amend the terms of merchant acquiring services discretion without prior notice.
Cash Management Solutions
Collection Services
Autopay-In Service
Assist corporate to manage local collections efficiently and at the lowest costs. Please click here for more details.
Cash Collection Service
Assist customers to tailor-made Bulk Cash Deposit Service with security service provider. Please click here for more details
Payment Collection Service – Retail Networks
Corporate customers can collect payment through convenient store 7 x 24 hours.
Payer can pay bills in any branches of allied convenient store
Please click here for more details.
Payment Collection Service – Cheque Deposit Machine Self Service Payment
Our network of Cheque Deposit Machines is extensive, with easy-to-use touch-screen interface and provide 7x24 payment service, which allows payers to use easily. Please click here for more details.
Risk of Foreign Currency Trading:
Foreign currency investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currency may result in losses in the event that customer converts the foreign currency into Hong Kong dollar or other foreign currencies.
RMB Conversion Limitation Risk:
RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. (Only applicable to Individual Customers) RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. (Only applicable to Corporate Customers) RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
General Terms:
- The above products and services are subject to the relevant terms. For details, please refer to the relevant promotion materials or contact the staff of BOCHK.
- BOCHK and BOC Credit Card (International) Ltd reserve the right to amend, suspend and terminate the above products and services and to amend the relevant terms at any time at its sole discretion without prior notice.
- In case of any dispute, the decision of BOCHK shall be final.
- In case of any discrepancy between the Chinese and English versions of the promotion material, the Chinese version shall prevail.
