Chinanews.com, Manila, December 13th. The Bank of China Manila branch recently launched the "Piso-RMB online exchange" function for its individual customers: through mobile banking and personal online banking, users can conveniently convert pesos into RMB and U.S. dollars in real time. , Euro and other currencies.
Recently, Bank of China has vigorously promoted a number of digital banking services.
Manila Bank of China President Deng Jun said that the launch of the online exchange service marks a new step for Bank of China in improving customer service: “Online transactions are in the ascendant, and customers’ requirements for safe, convenient, and fast services are also increasing. Bank of China Manila has incorporated "digitalization" into an important development strategy. We launched the mobile banking app, and continued to improve and optimize functions. This year, we realized online peso exchange. Through mobile banking, customers can enjoy me safely, conveniently and quickly. Banking services to meet financial needs in various scenarios such as cross-border consumption, overseas work, travel and study abroad, and business travel."
For more services, please follow the WeChat official account of Bank of China Manila: BOCManila Bank of China Manila Branch Photo courtesy
According to relevant persons from the Bank of China, the mobile banking APP was developed by the Bank of China head office and can be used by individual users of the Bank of China overseas. It adopts multiple authentication methods such as hardware binding + login password/fingerprint/Face ID + EToken electronic port token, among which EToken is Bank of China. A unique security authentication tool is used to protect user business security. Only after EToken encryption authentication can financial transactions such as transfers be completed.
Individual customers of Bank of China Manila can apply for mobile banking and associate their personal accounts in mobile banking, and then enjoy multiple functions including account management, local transfers, cross-border transfers, debit card management, currency exchange and more.
After this function upgrade, users can realize on the mobile phone: cross-currency exchanges including major currencies such as pesos and renminbi; pesos transfers to other local banks through PesoNet, and top-ups to GCash e-wallets; cross-border international exchanges of U.S. dollars and renminbi Waiting for business.
Bank of China Manila is currently launching preferential activities to implement PesoNet local peso remittances and personal cross-border RMB wage remittances handled online by its mobile banking users free of charge.
It is reported that Bank of China Manila also included more convenient functions such as online account opening, direct remittance of renminbi salary in China, and InstaPay peso small real-time transfers into its upgrade plan next year.
For detailed account opening and mobile banking application guidelines, please refer to the Bank of China Manila website:
https://www.bankofchina.com.ph/dam/en-ph/service/self-services/forms-download/Account_Opening_Individual_BILINGUAL.pdf
Download and fill in the relevant application form:
https://www.bankofchina.com.ph/en-ph/service/self-services/forms-download.html
For more services, please follow the WeChat official account of Bank of China Manila: BOCManila
Founded in 1912, Bank of China is the most internationalized Chinese bank.
The Bank of China Manila Branch was established in 2002 with the mission of promoting economic, trade and investment exchanges between China and the Philippines. It currently provides a full range of comprehensive financial services covering companies, individuals, and financial markets.
The bank is also the Philippine market RMB clearing bank designated by the People's Bank of China.
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