BANK OF CHINA Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:31

Abstract：The Bank of China Limited London Branch is one of the most important branches of the Chinese state-owned banking organization that is located outside of China. It has been doing business in the UK since 2001 and offers a full range of financial services, including trade finance, corporate loan, RMB settlement, and foreign currency solutions for both businesses and individuals.

Bank of China Limited London Branch Review Summary
Founded	2001
Registered Country	United Kingdom
Regulation	Regulated (FCA)
Services	Corporate Loans, Deposits, Trade Services, RMB Services, Treasury & FX
Demo Account	❌
Minimum Deposit	Depends on product
Customer Support	Email: jon.sartoris@uk.bankofchina.com
Customer Support	Address: 1 Lothbury, London, EC2R 7DB, United Kingdom

Bank of China Limited London Branch Information

　　The Bank of China Limited London Branch is one of the most important branches of the Chinese state-owned banking organization that is located outside of China. It has been doing business in the UK since 2001 and offers a full range of financial services, including trade finance, corporate loan, RMB settlement, and foreign currency solutions for both businesses and individuals.

Pros & Cons

Pros	Cons
FCA regulated since 2001	No demo account
Offers corporate FX and RMB cross-border services
Four types of accounts

Is Bank of China Limited London Branch Legit?

　　Yes. Bank of China Limited London Branch is officially regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

Regulatory Status	Regulated
Regulated By	United Kingdom (FCA)
License Type	Market Maker (MM)
Licensed Institution	Bank of China Limited London Branch
License Number	170910

Bank of China London Branch Services

Service Category	Available
Corporate Banking	✔
Personal Banking	✔
RMB Services	✔
Trade Services	✔
Mortgages	✔

Account Types

Type	Eligibility	Key Features
Business Account	UK & overseas companies	Multi-currency, internet banking, credit card, no cash withdrawal fee
RMB Corporate Account	Import/export enterprises	RMB settlement, FX conversion, no interest, for trade-related transactions
Personal Account	UK residents (16+, 18+ for debit)	No fees, UK-wide ATM access, online banking, standing orders
Student Prime Account	Students with UK university offer	Opened pre-arrival, debit card, no fees, international remittance support

Fees

　　Bank of China (UK) publishes a detailed transaction fee. Trading spreads/commissions are not relevant due to the lack of retail trading.

Type of Transfer	Fee per Transaction
To BOC (UK) accounts	Free
To other UK bank accounts (Faster Payments)	Free
To other UK bank accounts (CHAPS)	£15
To bank accounts outside the UK	£6 (<£2,000)£10 (£2k–5k)£14 (≥£5,000)

　　When you send money across borders, the exchange rate changes all the time. The exchange rate is validated when the final transfer order is given.

Deposit and Withdrawal

　　As a traditional bank, deposit/withdrawal options apply to bank accounts, not trading accounts. Here's the transfer limit.

Transfer Type	Limit per Day
Same-currency within BOC (UK)	£200,000
Cross-currency within BOC (UK)	£25,000
To other UK banks	£25,000
To overseas banks	£25,000
RMB Remittance to China	£10,000