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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

Website

http;//www.bankofshanghai.com/en/index.shtml

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.