Send money from Canada to a Bank of China account in China

Bank of China, China

Bank of China Limited is the world’s fourth largest bank. Although the Bank of China and its subsidiary, the Bank of China (Hong Kong), are legally distinct, they maintain close management and administration ties and collaborate in a variety of areas, including reselling BOC’s insurance and securities services.

It was established by the Republican government in 1912 to take the place of Daqing Bank. It is the second-oldest bank still operating on mainland China (after the Bank of Communications, founded in 1908). From its inception until 1942, it issued banknotes on behalf of the government alongside the period’s “Big Four” banks: the Farmers Bank of China, the Bank of Communications, and the Central Bank of the Republic of China. Its headquarters are located in Beijing’s Xicheng District.

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How to Send Money to Bank of China in China

You can transfer money to Bank of China accounts in China in just five simple steps!

  • Create an account with RemitBee. The RemitBee Wallet is a secure and simple-to-use digital wallet.

  • Complete your profile by providing your complete name, mailing address, and occupation. Verify that your contact information, including your phone number and email address, is up to date.

  • Complete the recipient's contact information. This includes the swift code and account number of the receiver.

  • Consider the Canadian dollar's value in comparison to the Chinese Yuan. If this is acceptable to you, enter the amount you wish to send, choose a payment method, and complete the transaction. While currency exchange rates fluctuate daily, the fixed amounts associated with each method of payment remain constant.

  • You will be notified via email once your transfer has been received. The RemitBee app allows you to monitor the status of your remittance.

What are the benefits of sending directly to Bank of China?

There are many benefits to sending directly to Bank of China with Remitbee. Here’s a quick overview:

  • It’s more secure than doing in offline
  • It’s faster
  • You can do it from the comfort of your home
  • You can access your money as soon as the transfer goes through
What information you’ll need to complete the transfer

To send a transfer via RemitBee, you'll need the following information:

  • The recipient's name as it appears on their bank statement

  • Mobile phone number and home address of the recipient

  • Swift code for Bank of China (BKCHCNBJ110) and the Cnaps code of the receiving branch

  • The recipient’s account number

How Remitbee calculates the CAD to CNY Exchange Rate
We try to keep our fees as low as possible and assess rates daily to bring you the most competitive China Rupee exchange rates on the market. There are small fees when you choose to use bill, Interact or debit card payment methods, but you can also use the Remitbee Wallet without paying fees at any time. We are upfront about any fees, and you can see them in the application before you send money to China.
How international money transfers work
The CAD to CNY conversion rate will be determined by one of the banks, and funds will be transferred between accounts via the SWIFT network.

Send money to all major China Banks

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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Frequently Asked Questions
Yes, you can.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
The transfers typically take between 1 and 2 days, but some transfers happen instantly.
If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.

Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:

  • Interac Online - $2.99
  • E-transfer - Free
  • Bill Payment - Free
  • Electronic funds Transfer - Free
  • Visa or Mastercard Debit - $2.99+
  • Bank of China NEFT charges
Yes! You can earn up to $50 for every three successful recommendations.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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