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In addition to its commercial and retail activities, Bank of China - New York maintains a large correspondent banking operation. For banks all over the world, especially those doing business with China, Bank of China - New York provides a wide range of correspondent banking services to those banks and their customers. Such services include:

Trade Services

  • All types of Letters of Credit
  • Credit and non-credit trade-related services
  • Forfaiting / export L/C discounting

Funds Transfers

  • Money transfers
  • Foreign exchange transactions
  • Remittances to China

Collections

  • Reimbursement collections
  • Documentary collections

Other Related Services

  • Project Finance
  • Syndicated loan participation
  • Foreign exchange

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