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Agent of Inter-Bank Service


 

Introduction: On the basis of widespread domestic and overseas branches, over 1,200 overseas correspondent banks, more than 45,000 branches, as well as rich experience, Bank of China can act as an agent of bank customers to provide agency services, such as pledge of domestic and overseas capital, bills, remittance and deposit receipt, and clearing and settlement in domestic and foreign currency. It mainly provides the following products:

1. Issue bank acceptance draft

2. Entrust other banks with agency of issuing bank drafts

3. Foreign exchange clearing

4. Inter-bank foreign currency delivery

5. Inter-bank RMB cash

6. Inter-bank domestic settlement

7. Inter-bank international settlement

8. Online banking settlement

9. Leasing information management system of financial institution customers

10. Repayment of the principal and interest of government loans

11. Domestic payment and settlement for foreign currency

12. Cash transaction of foreign currency

13. Bond custody

14. Wealth management in domestic and foreign currency

15. Confirmation of pledge for inter-bank loans

16. Inter-bank loans

17. Syndicated loans

18. Bill-pledged due from banks and other financial institutions

19. Reciprocal funding

20. Domestic custody business of QFII

21. Due from banks and other financial institutions in domestic and foreign currency

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