Bank of China

Bank of China business bank account comparison and review

Find out how the Bank of China business account works, and whether it might be the right option for you.

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The Bank of China business bank account can be opened in several different currencies and, providing you have a good credit rating, you can also get access to a business credit card.

The downside is that you’ll need to have a branch nearby to open your account. Let’s take a closer look.

Compare Bank of China’s business accounts

Name Product Account fee Bank transfers Interest (AER) Accounting integrations Arranged overdraft Account management Key benefits Link
Business Account
£7.50 per month
0% AER
Branch & online
View details

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What types of business accounts are on offer?

Bank of China offers one business bank account. Its key features are as follows:

  • Available in several currencies, including sterling, Chinese yuan renminbi, Hong Kong dollars, euros, US dollars and more.
  • Dedicated relationship manager to look after your business account.
  • No cash withdrawal fee.
  • Business credit card available.
  • Cheque book.
  • Internet and mobile banking.

How to apply

UK limited companies and overseas companies can apply for a Bank of China business account. If you’re interested in applying, you will need to contact a branch of the bank to find out which documents you need to provide as part of your application.

You’ll then need to take these documents into a branch where a member of the team will guide you through the application process. You’ll be contacted when your account is open and given details on how to run it.

Bank of China has branches in London, Birmingham, Manchester and Glasgow.

Pros and cons of a Bank of China business account


  • Account is available in several currencies.
  • Ability to bank online or via the mobile app.
  • Option to take out a business credit card.
  • Dedicated account support from customer relationship manager.


  • Accounts can only be opened in-branch.
  • Bank of China has few branches across the UK.
  • Fees for account registration and foreign transactions.

Our verdict

Choosing a Bank of China business account will generally only be an option if you have a branch near you as applications need to be completed in-branch.

However, if you have a branch close by and you’re interested in opening a business account that is available in different currencies and has a relationship manager, Bank of China may be worth considering.

Visit Bank of China’s website to open an account. However, if you have read this review and decided that Bank of China’s account is not for you, you can also compare other business bank accounts on the market.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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