Foreign Exchange
(Effective May 1st.2018)
Foreign Exchange
Product Description
Individual Foreign Exchange Settlement refers to exchanging different kind of currencies. So far Bank of China (Canada) offers exchanging among Canadian dollars, US dollar and Renminbi.
Features
It meets the needs of customers holding foreign currency and is expected to exchange to the desired currency.
Target customers
Account holders of Bank of China (Canada).
Process
The customer goes through relevant procedures at any branches of Bank of China (Canada) with relevant identity documents.
Required Identity Documents
You need to have Bank of China (Canada) account for foreign exchange.
Kind reminder
- Rates are quoted for reference only and subject to change without notice. Actual transaction rates are subject to confirmation at the counter of BOCC branches.
- If large amount of cash is involved, a proof of the source of the fund is required. (For example, cash withdrawal receipts or custom declaration form).
