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Bank of China upgrades digital channels

MANILA, Philippines — Bank of China (BOC) continues to upgrade and modernize its online facilities to support the efforts of the Bangko Sentral ng Pilipinas (BSP) to convert half of the country’s total retail transactions to digital channels.

Deng Jun, country head of Bank of China Manila, said the bank launched the Philippines’ first real-time Chinese yuan (RMB) foreign exchange conversion feature in a mobile app.…

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