Bank of China tends to ensure high financial functionality and to access its CD rates, you must be a member of the BANK OF CHINA CD RATES.

Moreover, to get far ahead, the consumer must be sure to have the necessary paperwork. The more authenticated applications can be done either online, in person, or via phone.

Bank of China CD Rate Offers

1-Year RMB CD

Key Features

  • APY: 4.13%
  • Term Length: 1 year
  • Minimum Deposit: $10,000
  • FDIC Insurance: Yes, for amounts under $250,000.


  • Given that it is denominated in RMB, depositors should be aware of potential exchange rate fluctuations.

Pros & Cons

Higher APYLonger term commitment
FDIC insurance deposits
Higher returns

6-Month RMB CD

Key Features

  • APY: 0.75%
  • Term Length: 6 months
  • Minimum Deposit: $10,000


  • As with other RMB CDs, exchange rate risk is a factor to consider.

Pros & Cons

Shorter-term commitment (6 months)Lower APY
Improved liquidity compared to longer terms

3-month RMB CD

Key Features

  • APY: 1.75%
  • Term Length: 3 months
  • Minimum Deposit: $10,000


  • The 3-month term offers higher liquidity but at the expense of a lower APY compared to longer-term CDs.

Pros & Cons

Very short-term commitmentExchange rate risk
Highest liquidity

Are Bank of China CD Rates Competitive?

The Bank of China CD rates appear competitive, offering competitive Annual Percentage Yields (APYs) ranging from 0.75% to 4.13%.

To assess their competitiveness fully, it is highly considerable to rely on these rates with those of other financial institutions, focusing on other factors such as term lengths, minimum deposit requirements, and prevailing market rates.

In addition to all this, the consumers must check for any additional features and related exchange rate risks that are associated with RMB-denominated. Furthermore, CDs will contribute to a comprehensive evaluation. Also, verify the most up-to-date rates before making any financial decisions.

How Do Bank of China CD Rates Compare?

The precise overview of comparison for the Bank of China with other considerable banking and financial institute options are as follows;

Bank/InstitutionCD TypeAPYTerm
Bank of ChinaRMB CDUp to 4.13%3 months to 1 year
Doral Bank DirectDollar-based CD3.50%1 year
PenFedDollar-based CD3.90%7 years
Patelco Credit UnionDollar-based CD3.00%5 years
EverBankWorldCurrency CD (Brazilian real)Up to 5.15%3 months to 60 months

Overview Bank of China 

The Bank of China came into business in 1912. The Bank of China has served its government and the people of China ever since. Bank of China entered the American market in 1981 after they had explored the idea of opening a branch in the United States back in the 1930s.

Today, the Bank of China provides trade, treasury, and currency conversation, as well as corporate lending to their business customers. Bank of China also provides deposit accounts directly to their customers. Bank of China has many locations throughout the United States and China, with one branch currently in Los Angeles, California.

Locations of Bank of China 

Bank of China has many different locations and branches throughout the United States. If you are looking to apply for membership in person, please check to see if the Bank of China is available in your state/area.

4 Branches in the United States

New York, Los Angeles, Chicago, New York China Town

  • 6 Branches in VANCOUVER – Canada
  • 1 Branch in CALGARY –Canada
  •  1 Branch in MONTREAL – Canada
  •  GRAND CAYMAN Branch
  •  PANAMA Branch


How the Bank of China is impacting the global financial system?

The Bank of China is a major player in the global financial system, providing a range of financial services. This includes international trade financing, currency exchange, and investment banking. Understanding its role helps individuals and businesses gauge its impact on international markets.

What services does the Bank of China offer to businesses?

The Bank of China typically provides corporate banking services, including business loans, trade finance, and treasury management. These services are crucial and highly basic for businesses who are considering the bank for their financial needs.

What digital banking aspects and technology are adopted by the Bank of China?

In an era of increasing digitalization, bank’s technological advancements are common. From the perspective of the Bank of China, the digital banking approaches include; online services and mobile apps that can be important for customers seeking convenient and efficient banking solutions.

How does the Bank of China contribute to sustainable finance and environmental initiatives?

With a growing focus on sustainability, questions about a bank’s commitment to environmental and social responsibility are pertinent. Bank of China may cover the bank’s policies on sustainable finance, green investments, and support for eco-friendly initiatives.