There are many Bank Of China Account Types And Benefits that are associated with each of them.
In Singapore, the Bank of China provides a variety of financial services, such as wealth management, bank cards, corporate and personal banking, and self-services.
The Bank of China Building, which is the central business district headquarters of the Bank of China, is a notable construction in Singapore that consists of two towers.
Check out How To Open a Bank Of China Account if you would like to open an account or simply see all the Documents Needed To Open a Bank Of China Account.
Deposits, remittances, personal loans, wealth management, foreign currency trading, securities investing, trade finance, corporate loans, and investment banking services are just a few of the services offered by the Bank of China.
See all the Bank Of China ATM And Branch Locations
Without bothering you with the history of the Chinese bank let us look at them right away.
Bank Of China Account Types And Benefits
- BOC SmartSaver
BOC Singapore (the “bank”) offers bonus interest on Multi-Currency Savings (MCS) accounts under the BOC Smart Saver savings scheme.
For your initial S$100,000 savings amount, you can earn an interest rate of up to 7.00% p.a. just by meeting any of the bonus interest categories.
You must buy the qualifying insurance products to reach the minimum amount required to get the wealth bonus interest at 2.40% p.a. for a full year in order to be eligible for these benefits.
- SGD Savings Account
This is one of the easiest accounts you can easily create. The SGD Savings Account by Bank Of China allows you to enjoy the flexibility to withdraw from the account at any time. The sad thing is that SGD1,000 is required to open an account.
- BOC Multi-Currency Savings Account
A BOC Multi-Currency Savings Account allows you to transfer, save, and spend money in nine other currencies, including USD, GBP, AUD, NZD, EUR, CAD, JPY, CHF, and RMB, in addition to Singapore dollars.
This deal requires a $200 initial deposit, with an additional $3 fee if the SGD sub-account’s monthly average balance is less than $200.
If you have any questions, leave them in the comment section or use the Bank Of China Customer Service Number to contact them.