Description
Bank of Shanghai corporate banking services include Trade and Supply Chain Finance, Corporate Finance and Investment Banking as well as Domestic and International Cash Management.
The establishment of a dedicated Inernational Desk in 2015 provides a valuable service for organisations doing business with China, and helps IBOS members navigate the complex regulatory controls that impact their clients’ banking requirements.
Bank of Shanghai offers direct coverage of the major economically developed regions of China, accounting for 57% of Chinese GDP. It provides English-speaking assistance to international clients, helping them find the most efficient way to do business while conforming to complex regulations. SWIFT MT940 in English alphabet enables clients’ overseas treasury offices to monitor balances on their Chinese accounts.
The attachments under ‘Good to Know’ tab provide examples of typical customer requirements in China, and how they are served by Bank of Shanghai.
Details
Host Bank
Yes
Account holding bank
Yes
Domestic branches
300+ (cover the major economically developed areas in China)
Short name
BoS/SAN CN
Bank type
Independent Associate
Accolades
Nomination for the 2014 Shanghai Financial Innovation Award
National Advanced Legal Risk Management Enterprise in Banking Industry
Most Influential Bank in Inter-bank Domestic Market in 2014
Shanghai Interbank Organization Contribution Award for the Year 2014
Best Customer Center in Shanghai Banking Industry
Services Offered
Cash Services
Yes
Lockbox
Yes
Reconciliation tools (cheque/cash)
No
Sweeping and pooling
Yes
Trade services
Yes
Treasury management
Yes
Customer Services
Dedicated IBOS desk
Yes
Preferential IBOS customer service
Yes
Single point of contact for client
Yes
Customer service in English
Yes
Electronic Banking
Electronic banking in local language
Yes
Electronic banking in local English
Yes
The IBOS web portal
Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.
