Company Profile
Company Profile
Review summary
| 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 |
| 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 |
