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Product Name
Financial Institutions Clearing and Settlement Services
Introduction
Bank of China Singapore Branch offers Vostro account, correspondence and clearing services for Singapore Dollar (SGD) and Renminbi (RBM) and other currencies to all eligible Financial Institutions.
Product Features
1. Tailored to your clearing needs, our clients enjoy payment efficiency from our direct participation in the major clearing systems in SGD MEPS and RMB CHATS as well as our extensive BOC global correspondence network.
2. Being the pioneer in RMB clearing, you can enjoy first in class system, RMB liquidity and our global network for your all needs.
3. Enhance the yield return for your deposit via our multi currencies Value Added Service (VAS).
4. All pre-and-post transactions queries are supported by an experienced team based in Singapore.
5. Real-time account balance and statement enquiry is made available via our online banking system.
6. Enjoy an extended cut off time and the most competitive rates and fees.
Eligible Applicants
For financial institutions that hold account with Bank of China Singapore Branch.
Contact us
Please contact our Financial Institution Department at 6412 8328.
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