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BOC Launches “Mobile Withdrawal” Service


2013-07-17

Recently, BOC launched a brand-new Mobile Withdrawal business. In regions without BOC branches or ATM machines, customers can log on to the Mobile Banking application and go through the appropriate online operations, before withdrawing cash at a nearby BOC agent for withdrawal by presenting the received SMS.

As an innovative mobile financial service, Mobile Withdrawal business can satisfy customers' urgent need for cashwith convenient financial supports. Instead of opening a BOC account, the customer can just log on to BOC Mobile Banking on the mobile terminal, click on "Mobile Withdrawal" and enter  information such as the customer's name and mobile number, and initiate a remittance transaction.  He will then be able to withdraw money at a BOC agent for withdrawal. It is said that BOC has set more than 20 agents for withdrawal in regions such as Fujian, Anhui, Hunan, Hebei, Shanxi and Guizhou, and most of the agents are continuously and stably operated businesses with good reputation such as chain supermarkets and groceries.

Currently, Mobile Withdrawal business is available on a trial basis in seven BOC branches in Anhui, Hunan, Shanxi, Fujian, Hebei, Guizhou and Henan, and will be gradually expanded to the whole country in the near future.

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