BOCC was incorporated as a Schedule II bank in September 1992 and has operated since May 1993. BOCC is a full-service bank in Canada. It carries on business under Canada's Bank Act and operates under the supervision of the Office of Superintendent of Financial Institutions. BOCC is a member of the Canadian Bankers Association, Canadian Payments Association, as well as the Canada Deposit Insurance Corporation ('CDIC'). CDIC insures eligible Canadian dollar deposits at member institutions having tenures of up to five years and up to C$100,000 per depositor. BOCC opened its first branch in Toronto's Chinatown in 1994, followed by the Vancouver branch in 1995. The second branch, in the Greater Toronto Area, was opened in Scarborough in 2005.more...See more text
I paid for their witness service to set up a Hong Kong bank account. They forgot to complete part of the paperwork. It was supposed to be checked over by an employee before sending it to Hong Kong. As a result, I was not registered for online banking with that account. The staff took no steps to rectify the situation. They only said there was nothing they could do. I had to send the required paperwork to Hong Kong myself with a fast approaching deadline. If I knew that was the case, I wouldn't have spent the money on the witness service. I'm sure there are other BOCHK branches in the GTA with staff that are more fluent in English and protocol.
