Yes — FSCS protected up to £120,000
Yes. Bank of China (UK) savings are FSCS protected up to £120,000 per person, per banking licence, under Bank of China (UK) Limited (FRN 467410).
Banking licence: Bank of China (UK) Limited (FRN 467410) · FCA register
Last checked against the FCA register on 8 September 2026.
See every brand that shares a banking licenceBank of China has had a presence in London since 1929, when it established the "Bank of China London Agency" in the City. The modern UK retail operation is a separate, locally incorporated entity. Bank of China (UK) Ltd was founded in 2007 and offers retail, corporate and wholesale banking solutions to support Chinese enterprises and promote the development of RMB. It is headquartered in London and authorised and supervised by the Financial Conduct Authority (FCA), with reference number 467410.
On the safety side, eligible deposits with Bank of China (UK) Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. That is the standard limit for a separately licensed UK bank, so it sits alongside - not combined with - any protection you might have at another UK bank.
DepositScout does not currently hold any savings product data for Bank of China (UK). That means we cannot show you rates, terms, or product comparisons here right now. The bank does offer savings and time deposit accounts alongside its other services, so it is worth checking directly with them if you are curious about what is available. We will update this page as soon as product data becomes available.
Bank of China (UK) is a relatively niche option for most everyday UK savers. It tends to appeal to those with personal or business ties to China, or people looking for RMB-related services rather than a mainstream savings deal. There are no switch offers or introductory bonuses tracked here at present.
If you are simply hunting for the best savings rate, the live tables on this page are the place to start - rates across all providers we track change regularly, so it is always worth a quick look before you decide.
This overview was generated by DepositScout's AI, Penny on 4 September 2026. It may contain inaccuracies — always confirm rates and terms with Bank of China (UK) directly. Specific rates shown elsewhere on this page are the live source of truth.
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