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BANK OF CHINA Information 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
Founded2001
Registered CountryUnited Kingdom
RegulationRegulated (FCA)
ServicesCorporate Loans, Deposits, Trade Services, RMB Services, Treasury & FX
Demo Account❌
Minimum DepositDepends on product
Customer SupportEmail: jon.sartoris@uk.bankofchina.com
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.

Bank of China Limited London Branch Information

Pros & Cons

ProsCons
FCA regulated since 2001No 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 StatusRegulated
Regulated ByUnited Kingdom (FCA)
License TypeMarket Maker (MM)
Licensed InstitutionBank of China Limited London Branch
License Number170910
license

Bank of China London Branch Services

Service CategoryAvailable
Corporate Banking✔
Personal Banking✔
RMB Services✔
Trade Services✔
Mortgages✔
Bank of China London Branch Services
Bank of China London Branch Services

Account Types

TypeEligibilityKey Features
Business AccountUK & overseas companiesMulti-currency, internet banking, credit card, no cash withdrawal fee
RMB Corporate AccountImport/export enterprisesRMB settlement, FX conversion, no interest, for trade-related transactions
Personal AccountUK residents (16+, 18+ for debit)No fees, UK-wide ATM access, online banking, standing orders
Student Prime AccountStudents with UK university offerOpened pre-arrival, debit card, no fees, international remittance support
Account Types

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 TransferFee per Transaction
To BOC (UK) accountsFree
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.

Fees

Deposit and Withdrawal

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

Transfer TypeLimit 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
Deposit and Withdrawal

LeverageDevaluationLiquidity

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New to forex trading? Surprised by the margin call from your forex broker? In one moment, you seem to have manageable trades. The next moment, you receive a warning from your broker about inadequate equity to support your open positions. So, if the market movement continues to be on the opposite side of your positions, some or all of your trades may see an unfortunate automatic closure through a stop-out process. However, margin calls do not usually happen without warning. Recognizing the early signs can help traders take corrective measures and avoid a potentially significant loss in their trading accounts. But what are those signs that indicate that a margin call is all but near? Let’s discuss the same here.

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