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BANK OF CHINA

United Kingdom United Kingdom | Above 20 years |
Regulated in United Kingdom | Market Maker (MM) | Suspicious Scope of Business | Medium potential risk

http://www.bankofchina.com/uk/

Website

Rating Index

Contact

0800 38 95566
service.uk@bankofchina.com
http://www.bankofchina.com/uk/
Licenses

Licensed Entity:Bank of China Limited London Branch

License No. 170910

VPS Standard
No restriction on the broker account
CPU

Single Core

RAM

1G

SSD

40G

ADSL

1M*ADSL

Open
WikiFX Risk Alerts
  • The current information shows that this broker does not have a trading software. Please be aware!

Basic Information

Registered Region
United Kingdom United Kingdom
Operating Period
Above 20 years
Company Name
Bank of China (UK) Limited
Abbreviation
BANK OF CHINA
Company employee
--
Contact Number
0800 38 95566
Marketing Strategy
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Comment

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Sources
Language
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Creatives

Website

Most visited countries/areas
Macao Macao
  • bankofchina.com
    219.141.191.45
    Server Location
    China China
    ICP registration
    京ICP备10052455号-1
    Most visited countries/areas
    Macao Macao
    Domain Effective Date
    1997-07-08
    Website
    WHOIS.PAYCENTER.COM.CN
    Company
    XINNET TECHNOLOGY CORPORATION

Genealogy

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Relevant Enterprises

BANK OF CHINA (UK) LIMITED(United Kingdom)
United Kingdom
BANK OF CHINA (UK) LIMITED(United Kingdom)
Active
United Kingdom
Registration No.
06193060
Established
BANK OF CHINA LIMITED(United Kingdom)
United Kingdom
BANK OF CHINA LIMITED(United Kingdom)
Active
United Kingdom
Registration No.
FC002851
Established
Employees

Company Summary

Bank of China Limited London Branch Review Summary
Founded2001
Registered CountryUnited Kingdom
RegulationRegulated (FCA)
ServicesCorporate Loans, Deposits, Trade Services, RMB Services, Treasury & FX
Demo Account
Minimum DepositDepends on product
Customer SupportEmail: jon.sartoris@uk.bankofchina.com
Address: 1 Lothbury, London, EC2R 7DB, United Kingdom

Bank of China Limited London Branch Information

The Bank of China Limited London Branch is one of the most important branches of the Chinese state-owned banking organization that is located outside of China. It has been doing business in the UK since 2001 and offers a full range of financial services, including trade finance, corporate loan, RMB settlement, and foreign currency solutions for both businesses and individuals.

Bank of China Limited London Branch Information

Pros & Cons

ProsCons
FCA regulated since 2001No demo account
Offers corporate FX and RMB cross-border services
Four types of accounts

Is Bank of China Limited London Branch Legit?

Yes. Bank of China Limited London Branch is officially regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

Regulatory StatusRegulated
Regulated ByUnited Kingdom (FCA)
License TypeMarket Maker (MM)
Licensed InstitutionBank of China Limited London Branch
License Number170910
license

Bank of China London Branch Services

Service CategoryAvailable
Corporate Banking
Personal Banking
RMB Services
Trade Services
Mortgages
Bank of China London Branch Services
Bank of China London Branch Services

Account Types

TypeEligibilityKey Features
Business AccountUK & overseas companiesMulti-currency, internet banking, credit card, no cash withdrawal fee
RMB Corporate AccountImport/export enterprisesRMB settlement, FX conversion, no interest, for trade-related transactions
Personal AccountUK residents (16+, 18+ for debit)No fees, UK-wide ATM access, online banking, standing orders
Student Prime AccountStudents with UK university offerOpened pre-arrival, debit card, no fees, international remittance support
Account Types

Fees

Bank of China (UK) publishes a detailed transaction fee. Trading spreads/commissions are not relevant due to the lack of retail trading.

Type of TransferFee per Transaction
To BOC (UK) accountsFree
To other UK bank accounts (Faster Payments)Free
To other UK bank accounts (CHAPS)£15
To bank accounts outside the UK£6 (<£2,000)£10 (£2k–5k)£14 (≥£5,000)

When you send money across borders, the exchange rate changes all the time. The exchange rate is validated when the final transfer order is given.

Fees

Deposit and Withdrawal

As a traditional bank, deposit/withdrawal options apply to bank accounts, not trading accounts. Here's the transfer limit.

Transfer TypeLimit per Day
Same-currency within BOC (UK)£200,000
Cross-currency within BOC (UK)£25,000
To other UK banks£25,000
To overseas banks£25,000
RMB Remittance to China£10,000
Deposit and Withdrawal

Keywords

  • Above 20 years
  • Regulated in United Kingdom
  • Market Maker (MM)
  • Suspicious Scope of Business
  • Medium potential risk
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