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Financial Institutions Services

As the oldest and largest Chinese bank in the U.S., Bank of China U.S.A. provides comprehensive services for Financial Institutions in the U.S. and Greater China, leveraging our expertise and network in and across both markets. Our mission is to strengthen the bridge between our U.S. and Chinese clients, including banks, broker dealers, insurance companies, asset managers, exchanges, clearing houses, and public sector organizations.

LATEST NEWS

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News
Apr 29, 2021
Important Notification Regarding Temporary Suspension of Internet Banking Services
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News
Apr 16, 2021
Important Notification Regarding MasterCard® Debit Card System Upgrade
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News
Apr 06, 2021
Bridging the World’s Two Largest Economies
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Press Releases
Mar 01, 2021
Bank of China U.S.A. Supports TruFund in Developing Informational Webinars to Help Local, Underserved Communities
Exchange Rates
Currency Exchange Rate
Exchange rates are quoted as foreign currency units per 1 US dollar

New York Time (UTC-5):

The listed foreign exchange rate is for reference only, and the transaction price should be subject to the actual trading price of local branches.

 

Data sources from the European Central Bank

DISCOVER AND LEARN

More Insights
The New Framework of the Fed’s Interest Rate Policy-Key Developments and Implications
In August 2020, the Federal Reserve released its “Statement on Longer-Run Goals and Monetary Policy Strategy,” which established a new framework for its interest rate policy. 
U.S. Monetary Policy during the COVID-19 Outbreak - New Developments and Future Trends
The Federal Reserve has made QE (quantitative easing) a conventional policy tool and is trying to monetize both government debt and Federal fiscal policy.
How COVID-19 has Impacted the U.S. Financial Markets and the Role of the Fed
Since the start of the financial turmoil caused by the COVID-19 outbreak, the Fed has done everything within its power  to support the U.S. economy, and the effects are beginning to show - easing liquidity pressures and calming financial market turmoil.