Institutional Deposits Services

BOC U.S.A. offers U.S. Dollar (USD) and RMB Vostro account services to all eligible Financial Institutions¹. Products include Demand Deposit Accounts (DDA) that are non-interest bearing accounts, providing a flexible and convenient way to maintain and access funds on demand. Sweep Accounts are full automated, sweeping idle balances overnight. The account can be denominated in USD and CNH. BOC U.S.A. also offers institutions time deposit services.

BOC U.S.A. is a member of the CDARS and ICS Networks.  We offer innovative solutions for banks, brokerage firms, and other cash stewards through both CDARS (Certificate of Deposit Account Registry Service) and ICSs (Insured Cash Sweep).