BOC Hong Kong Hold. : BOCHK Launches the Pioneering Chip-Based BOC Card to further enhance the security of ATM Card
04/25/2012| 08:55pm US/Eastern
25 Apr 2012
Bank of China (Hong Kong) Limited ("BOCHK")
announced the launch of Hong Kong's first chip-based ATM
Card - the chip-based BOC Card to enhance security while
offering a number of new banking service functions to
By replacing magnetic stripe with the chip technology for
authentication, the brand new chip-based BOC Card provides
customers with enhanced security and protection. In addition,
BOCHK will roll out a wider range of chip card applications
and offer customers new bank card functions. Starting from
October 2012, BOCHK will install Self-Service Kiosks in
branches in phases, allowing the chip-based BOC Cardholders
to enjoy personalised banking services using the e-Passbook,
including enquiry of account balance and the latest 10
transactions, personal data updating and foreign currency
exchange for maximum convenience in financial management.
Replacement of the existing magnetic stripe BOC Cards by the
chip-based cards has been conducted in phases starting from
April 2012, to be completed by the end of February 2014. The
PIN, linking to account(s) and the maximum daily limit of
cash withdrawal in respect of the chip-based BOC Card will
remain the same as those of the magnetic stripe BOC
Card. Re-arrangement of the bills registered for the
Payment by Phone Service ("PPS") is not required.
With the new chip-based BOC Card, customers can enjoy the BOC
Card services anytime anywhere in Hong Kong, the Mainland of
China and overseas, including settlement of purchases and
HKD/RMB notes withdrawal at "JETCO" ATMs in Hong
Kong. Funds transfer and bill payment can also be made
through the ATM and point-of-sale ("POS") networks.
To be in line with the launch of the chip-based BOC Card,
BOCHK will upgrade the Group's over 570 ATM terminals in
phases, out of which 360 ATMs were upgraded as at the end of
March 2012. Upgrading of the other ATMs will be completed
before the end of 2012 to support the chip-based BOC Card.
For details of the chip-based BOC Card, please call BOCHK
Customer Service Hotline at (852) 3988 2388 or visit
BOCHK's website at www.bochk.com.
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About Bank of China (Hong Kong) Limited
Bank of China (Hong Kong) Limited ("BOCHK"),
established on 1 October 2001, is a leading listed commercial
banking group in Hong Kong. With over 260 branches, more than
570 ATMs and other distribution channels in Hong Kong, BOCHK
and its subsidiaries offer a comprehensive range of financial
products and services to personal and corporate customers.
BOCHK is one of the three note issuing banks in Hong Kong. In
addition, the BOCHK Group (comprising BOCHK, Nanyang
Commercial Bank and Chiyu Banking Corporation) and its
subsidiaries have 29 branches and sub-branches in the
Mainland of China to provide cross-border banking services to
customers in Hong Kong and the Mainland. BOCHK is appointed
by the People's Bank of China as the Clearing Bank for
Renminbi business in Hong Kong. On 13 July 2010, BOCHK was
authorised as the Clearing Bank of RMB banknotes business for
the Taiwan region.
BOC Hong Kong (Holdings) Limited, BOCHK's holding
company, began trading on the main board of the Stock
Exchange of Hong Kong on 25 July 2002, with stock code
"2388", ADR OTC Symbol "BHKLY".