Transaction Banking
Payment
Payment solution
Collection
Bespoke Corporate Collection Management Solution
Information Management
Timely and accurate reporting services
Liquidity Management
Achieve effective regional cash management
Payment

Well-timed and organised payment management solution can help a company to strive for favorable payment terms, minimising its financing costs.

  • Centralised management: BOCHK can help corporate customers carry out bulk Autopay-Out transactions through the local interbank clearing network. Also, we offer Cheque / Cashier Order Outsourcing Service for printing and dispatching cheques in bulk.
  • High efficiency: BOC Remittance Plus is the best solution for efficient fund transfers among the mainland, Hong Kong, Macau and Taiwan.
  • Cross-border settlement: With a strong network of overseas correspondent banks, BOCHK helps you to achieve effective utilization of funds with expeditious global remittances.
  • Non-Major Currency Remittance: Support 37 non-major currencies remittance, including IDR, INR, KRW, MYR etc.
  • Faster Payment System: The Hong Kong Monetary Authority has unveiled the new Faster Payment System (FPS) that paves the way for convenient fund transfers and collection of payments at your fingertips.You can make real-time interbank transfers in HKD and RMB using your phone number or email address via FPS. Making fund transfers is now easy, instant and direct!

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Collection

BOCHK provides corporates with integrated Corporate Collection Management Solution, which helps corporates to choose collection services based on your actual needs in order to save administrative cost, enhance efficiency and access to financial information. We offer you the following services:

 

  • Autopay-In Service
  • Sub-account Collection Service
  • Payment Collection Service
  • Cheque Collection Service
  • Cash Collection Service
  • e-Cheques Services (Corporate)
Information Management

Timely and Accurate Reporting Services to meet your information needs, assists your daily reconciliation by offering timely reporting services.

 

  • Download statement, reports, advice and other customized materials
  • Utilize our report writer service to create your customized data file, in your preferred format and content.
  • SWIFTmessaging service is also available for your easier management & monitoring of account situation
Liquidity Management

Physical Cash Pooling

Through Physical Cash Pooling, funds in the same currency can be pooled into the primary account from accounts held by different subsidiaries under your company group. Besides, you can also set up regular or real-time funds transfers from the primary account to the subsidiaries’ accounts in order to offset overdraft or to achieve target account balances. Different parameters can also be set in order to achieve the goals of the cash management solution tailor-made for you.

The built of physical cash pooling arrangement between the mainland and Hong Kong can be an effective means to mobilise operating funds between two sites and further connectivity with overseas to achieve effective regional cash management.

 

Notional Cash pooling

You can also choose to maintain the autonomy of different group entities in account maintenance while benefiting from the optimisation of interest expenses through cash pooling. With Notional Cash Pooling, account balances held by different group entities are consolidated in notional terms to arrive at the group's net balance, so that negative balances will be offset by positive ones, to minimise your interest expenses.

Treasury
Comprehensive treasury services
Global Trade
Variety of trade finance services online
Supply Chain Management
To optimise working capital and liquidity in supply chains
iGTB
More information about iGTB
Treasury

Time Deposit and Premium Savings Deposit Product

Quick and easy way to inquire your current Premium Savings Deposit and manage your Time Deposit via iGTB.

 

Foreign Exchange & Investment

We connect you with the key markets around the world to meet your needs in various treasury services such as risk hedging and investment. Leveraging on our financial strength, we offer competitive solutions and are committed to be your best partner.

Global Trade

With the extensive network and a dedicated team of trade services professionals, we work in partnership with you to grow your business by providing a variety of trade finance and services.

 

BOCHK is committed to achieving "Operational Excellence". With this mission, our Trade Services Centre took initiatives to implement ISO quality management system, and was awarded ISO 9001:2015 Quality Management System Certification.

Supply Chain Management

Along with the development of global supply chain model, while core enterprise acts as anchor of the chain, with SMEs participating in different segments with their expertise in production, sales and etc., our bank designs a total solution for the supply chain. Our Supply Chain Finance (SCF) Solution aims at providing a one-stop and comprehensive financial solution in considerate of the various creditworthiness and funding needs of different stakeholders in the chain.

 

Learn about Supply Chain Services from BOCHK for your role:

 

Buyer:

With leverage of your good creditworthiness, after obtaining your irrevocable payment obligation on the particular accounts payable, our bank can purchase your suppliers’ receivables under the accepted draft without recourse.

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Supplier:

Liberating cash flow at a lower rate, with waived financial statement or even without a bank account with us.

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Reminder: To borrow or not to borrow? Borrow only if you can repay!

iGTB

New interface with Graphic Visualization Customer Experience Oriented

iGTB, the intelligent Global Transaction Banking Platform, assists you to manage operating accounts in a smarter way. iGTB NET provides full spectrum of transaction banking services with interactive online experience, including account enquiry, payment, payroll, account receivable management, liquidity management, e-commerce, factoring, supply chain finance and information management.

  • Comprehensive data displayed via dashboard and card-view features
  • Easy access to your accounts information across BOC group for effective enquires and cash flow management
  • Enrich the account information with real time display of multi-currencies account balance, e-advice download, beneficiary advice etc.
  • Support 54 international currencies remittance, including 17 major currencies and 37 non-major currencies
  • Enhanced control center, real time transaction monitoring through "Work Queue"
  • Live chat through Online Customer Service