Overview of Bank of China Canada
Bank of China Canada is the Canadian subsidiary of Bank of China Limited. The bank has been operating in Canada since 1992, is a Schedule II bank, and is one of many foreign banks in Canada. The bank is focused on promoting China-Canada business and economic relations as well as promoting economic development in Canada through its business activities. Bank of China Canada opened its first branch in Toronto’s Chinatown in 1994 and currently has 8 branches and a head office in Canada. The bank offers both corporate banking and personal banking products and services to customers.
Great Wall International Credit Card
Bank of China Canada currently offers one credit card product to its customers, which is the Great Wall International Credit Card. This card is issued by MasterCard and is specifically a Canadian Dollar denominated credit card for Canadian consumers. Product features include:
- Up to 50 days of interest-free grace period for purchases
- 1% cash back on all spending (rebates credited at the start of the following year) – max of $600
- Interest-Free installment option for purchases above $200. Service charges apply and depend on the installment period length
- 3 Months – 1.95%
- 6 Months – 3.6%
- 9 Months – 5.4%
- 12 Months – 7.2%
- 18 Months – 11.7%
- 24 Months – 15%
To apply for the Bank of China Canada Great Wall International Credit Card you have to visit a Bank of China Canada branch (all listed below) and ensure that you have two pieces of identification with you.
Bank of China Canada Bank Accounts
The bank offers several chequing and savings account options for its customers including the following options:
- Basic Chequing
- Monthly Fee: $4.00 (waived if daily closing balance is $1,000 or more)
- Debit Transaction Fee: $1.25 each. First 12 transactions free per month for debit card, online banking or fund transfers. First 2 transactions free per month for cash withdrawals, cheques issued or EFT debits.
- Allowable Transactions: Unlimited credit transactions
- No-Cost Chequing
- Monthly Fee: Free
- Debit Transaction Fee: $2.00 each. First 12 transactions free per month for debit card, online banking or fund transfers. First 2 transactions free per month for cash withdrawals, cheques issued or EFT debits.
- Allowable Transactions: Unlimited credit transactions
- Premium Chequing
- Monthly Fee: $18.00 (waived if daily closing balance is $5,000 or more)
- Debit Transaction Fee: No fee, unlimited transactions
- Allowable Transactions: Unlimited credit transactions
- Standard Savings
- Earns interest
- Monthly Fee: $8.00 (waived if daily closing balance is $500 or more)
- Debit Transaction Fee: $1.25 each. First 12 transactions free per month for debit card, online banking or fund transfers. First 5 transactions free per month for cash withdrawals, cheques issued or EFT debits.
- Allowable Transactions: Unlimited credit transactions
- Premium Savings
- Earns interest (tiered for balances below and above $10,000)
- Monthly Fee: $18.00 (waived if daily closing balance is $5,000 or more)
- Debit Transaction Fee: None, unlimited debit transactions allowed.
- Allowable Transactions: Unlimited credit transactions
- RMB Savings
- Earns interest
- Save money in Renminbi
- Monthly Fee: No Fee
- Debit Transaction Fee: None, unlimited debit transactions allowed.
- Allowable Transactions: Unlimited credit transactions
- US Dollar Basic Chequing
- Does not earn interest
- Save money in US Dollars
- Monthly Fee: $5.00 (waived if daily closing balance is $1,000 or more)
- Debit Transaction Fee: $1.25 each. First 12 transactions free per month for debit card, online banking or fund transfers. First 5 transactions free per month for cash withdrawals, cheques issued or EFT debits.
- Allowable Transactions: Unlimited credit transactions
Bank of China Canada Branches and Hours
The SWIFT Code for Bank of China Canada is BKCHATT. The toll free number for Bank of China Canada is 1-844-669-5566. For more information on the bank’s wire details visit their website here.
Calgary Branch
- Branch Address: Unit 150, 505 3rd Street SW, Calgary, AB T2P 3E6 Canada
- Branch Phone Number: 403-263-3573
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
GTA Main Branch
- Branch Address: 1 Bank of China Way, Markham, ON, Canada, L3T 0E2
- Branch Phone Number: 905-771-2818
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
Bank of China Canada Head Office
- Branch Address: Suite 600, 50 Minthorn Boulevard, Markham, Ontario, L3T 7X8, Canada
- Branch Phone Number: 905-771-6886
- Branch E-mail: boccanada@bankofchina.ca
- Branch Hours
- Monday-Friday: 9:00am – 5:00pm
- Saturday-Sunday: Closed
Montreal Branch
- Branch Address: Suite 920,1000 Sherbrooke Street West, Montreal, Quebec, Canada H3A 0A6
- Branch Phone Number: 514-658-6800
- Branch Hours
- Monday-Friday: By appointment only
- Saturday-Sunday: Closed
Toronto Downtown Branch
- Branch Address: 396 Dundas Street West, Toronto, ON M5T 1G7 Canada
- Branch Phone Number: 416-971-8806
- Branch E-mail: tdb@bankofchina.ca
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
Toronto Mississauga Branch
- Branch Address: Unit 33,1170 Burnhamthorpe Road West, Mississauga, ON L5C 4E6 Canada
- Branch Phone Number: 905-275-8118
- Branch E-mail: tms@bankofchina.ca
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
Toronto North York Branch
- Branch Address: Unit 28, 3040 Don Mills Road, Peanut Plaza, North York, ON M2J 3C1 Canada
- Branch Phone Number: 416-502-0888
- Branch E-mail: tny@bankofchina.ca
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
Vancouver Branch
- Branch Address: Unit 2608, 1055 Dunsmuir St, P.O. Box 49277, Vancouver, BC, V7X 1L3, Canada
- Branch Phone Number: 604-683-1088
- Branch E-mail: van@bankofchina.ca
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed
Vancouver Richmond Branch
- Branch Address: Unit 105, 8060 Westminster Highway, Richmond, BC V6X 1A6 Canada
- Branch Phone Number: 604-273-1108
- Branch E-mail: vrb@bankofchina.ca
- Branch Hours
- Monday-Friday: 10:00am – 3:00pm
- Saturday-Sunday: Closed