Product Name

Bank Promissory Note

Product Description

A payment method in the form of a cheque issued by a bank, with a specified payee written on it.

Product Features

When making large payments, such as purchasing property, cars, or other high-value transactions, the bank can issue a bank promissory note based on the payee’s information and amount you provide, offering convenience and security. The payee’s name is printed on the bank promissory note, so it cannot be easily cashed if lost, reducing risk while being convenient for carrying.

Applicable Customers

This service is for customers making large payments, such as purchasing property or cars, and who have a current account with Bank of China (Canada) at a relevant branch.

Processing Procedure

Bring your identification documents and account number to a relevant branch of Bank of China (Canada) to process the transaction.

Important Note

When applying for a bank promissory note payment, you will need to provide the payee’s or company’s full name and the amount.