Traditional Culture Encyclopedia - Traditional stories - What are the comparative advantages and disadvantages of China Bank compared with other banks?
What are the comparative advantages and disadvantages of China Bank compared with other banks?
The advantage of BOC lies in its foreign currency business. Its predecessor is the International Business Department of the People's Bank of China, and it has branches in many countries around the world. Therefore, if you have a lot of foreign currency business to do, China Bank is definitely your best choice.
The disadvantage of BOC is also the disadvantage of state-owned banks in various countries compared with joint-stock banks: poor attitude and high fees. Many joint-stock banks' free services such as receipt boxes and inquiries are quite expensive to handle in BOC.
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