Bank of China (Luxembourg) S.A. Stockholm filial products, services and reviews

About Bank of China (Luxembourg) S.A. Stockholm filial

Bank of China (Luxembourg) S.A. Stockholm filial is the Swedish branch of Bank of China (Luxembourg) S.A., a Luxembourg-authorized credit institution ultimately owned by Bank of China Limited, and operates in Sweden mainly to serve corporate and institutional clients engaged in Nordic–China trade and investment flows. The branch focuses on corporate banking services such as trade finance (letters of credit, collections, guarantees), bilateral and syndicated lending, cash management, cross-border payments, and foreign exchange, including handling of CNY (RMB), USD, EUR, and SEK via the Bank of China group network and SWIFT; access to local SEK clearing may be arranged through correspondent relationships, and SEPA euro payments are available through the EU membership of the head office. It does not position itself as a retail bank in Sweden and onboarding typically requires standard corporate KYC documentation and enhanced due diligence for cross-border activity. Fees and conditions are set out in service agreements and published schedules, with pricing varying by product and volume. As an EU branch, prudential supervision is carried out by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, with host-country oversight by Finansinspektionen for local conduct and certain regulatory matters; AML/CFT, sanctions, and data protection requirements follow EU and national rules. Eligible deposits booked with the branch fall under Luxembourg’s deposit guarantee scheme (Fonds de garantie des dépôts Luxembourg, FGDL) up to EUR 100,000 per depositor per institution, with standard exclusions and currency conversion at the time of a payout.