Bank of China (Hong Kong) and XTransfer announce partnership

XTransfer, a B2B cross-border trade payment platform, and Bank of China (Hong Kong) (BOCHK) have signed a cooperation agreement to expand international business services. The partnership was announced during Hong Kong FinTech Week 2026.

The collaboration aims to provide one-stop cross-border financial services for international trade enterprises, including global collections, payments, and foreign exchange. The initiative will combine BOCHK’s expertise in cross-border settlement and its role as an RMB clearing bank in Hong Kong with XTransfer’s B2B settlement network and risk management systems. The goal is to create an efficient, compliant, and lower-cost experience for fund collection and currency exchange.