Bank of China Unveils Eight Innovative Solutions at 2026 CIFTIS to Empower Global Business Expansion

Deep News
09/10

During the 2026 China International Fair for Trade in Services, Bank of China hosted a financial services results conference on September 10, aligned with the fair's theme of "Global Services, Shared Prosperity." Leveraging its global reach and integrated strengths, the bank unveiled a suite of premium financial service solutions, products, and achievements.

Addressing payment and settlement demands during the launch and expansion phases of corporate overseas ventures, the bank introduced the integrated solution "Going Global All-in-One". This initiative establishes a "5+2" framework supported by full-channel online and offline coverage and coordinated domestic and international operations. It delivers five core scenario services, including streamlined account opening, optimized remittances, diversified scenarios, global multi-currency support, and cross-border RMB, ensuring simpler, faster, and more secure global expansion for enterprises.

For the "Invest in China" scenario, the bank developed a full-cycle, integrated financial service system tailored to multinational corporations operating locally. Addressing the practical needs of foreign enterprises during local establishment and business growth, it offers unified financial support covering account opening, remittances, FX settlements, financing, and global cash management, empowering them to deepen their presence in the Chinese market.

The corporate mobile banking platform, themed "Digital Sailing, Safeguarding Enterprise Voyages," is rebuilt around four core capabilities: smart applications, convenient experiences, security protection, and global services. Catering to diverse corporate clients, it offers four refreshed versions, including standard, cross-border finance, inclusive finance, and English editions. It integrates fund management, cross-border finance, inclusive financing, wealth management, and non-financial services across five major scenarios, delivering a one-stop mobile financial solution for businesses.

The upgrade focuses on digital management needs, revamping six non-financial service modules such as HR, payroll, tax, and finance. It introduces five integrated service capabilities for salary calculation and disbursement, alongside three industry-specific solutions for construction and engineering, and extends into diverse operational ecosystems like construction fund supervision. This provides enterprises with a more convenient and efficient one-stop "non-financial plus financial" digital service.

"SMART IntelliDoc" is an AI-powered intelligent settlement and documentation platform for international settlements. Targeting core pain points in traditional documentary business, it leverages AI to optimize service processes, boost processing efficiency, and enhance customer experience. Built on AI technology with a focus on document recognition and review, it serves as an intelligent assistant throughout the entire documentation workflow, elevating cross-border financial services and supporting corporate global expansion.

BOC Insurance integrates commercial general liability insurance, export trade credit insurance, and export cargo transportation insurance, covering full-chain risks such as overseas operational liabilities, accounts receivable, and export shipping. This alignment of insurance protection with trade financing supports foreign trade enterprises in their robust international ventures.

The fund, a fund-of-funds product, allocates no less than 80% to public funds, with equity assets comprising 10%-25% (with a benchmark allocation of 20%). Anchored by fixed-income funds for stable base returns, it strategically diversifies into global assets like A-shares, Stock Connect, and QDII funds to enhance returns, serving the long-term, stable growth of retirement assets.

BOC Fintech offers an integrated smart ecosystem product developed from diverse data, financial business scenarios, and regulatory rules. Drawing on over a decade of experience in anti-money laundering, the product undergoes continuous iteration to refine core technology and upgrade services, precisely addressing industry challenges. The solution adapts to the varied needs of financial institutions and enterprises, comprehensively covering multiple business scenarios. It assists institutions in fulfilling legal AML obligations, boosting compliance efficiency, fortifying risk defenses, and fully meeting regulatory standards.

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