Bank of China online banking substantially improves its E-payment and E-banking functions through an all-around upgrade recently.
With the new function of “online funding payment” after the upgrade, customers may directly purchase funds or investment-linked insurances online with contractual fund or insurance companies. Moreover, the Great Wall credit card holders can also purchase funds through BOCNET or mobile banking.
In addition, another new function of “quick card payment” enables contractual customers to conduct online payment with the account number and password of Alipay or Cai Fu Tong accounts linked with their bank accounts, where the money will be deducted directly.
Meanwhile, the function of escrow account opening has been optimized. After the designation of Bank of China as the escrow bank in a securities company, customers may activate the escrow function by registering the account on BOCNET, without going to a outlet. The function of inter-bank cash management has also been imroved, enabling customers to add the accounts with other banks for inquiry and transfer through BOCNET.
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