Bank of China completes largest recorded mBridge transactions, including a HK$10bn payment
Bank of China settled the two largest transactions recorded on mBridge, the multi-central-bank digital currency platform, in June and July 2026.
Bank
Bank of China Limited
The most internationalised of China's four largest state-owned commercial banks, and the most active commercial participant on mBridge, where the HK$10bn settled through its Fujian branch in July 2026 was the first transaction of that size in a currency other than renminbi.
The profile
Among China's four largest state-owned commercial banks and the most internationalised of them, with the widest overseas branch network of any Chinese lender. It has become the most active commercial participant on mBridge, the multi-central-bank wholesale payment platform, settling CNY 11.3bn through its Shenzhen branch in June 2026 and HK$10bn through its Fujian branch in July 2026. Those are the largest recorded transactions on the platform, and the Hong Kong dollar leg is the first of that size in a currency other than renminbi.
Products and services
- mBridge participation
- Commercial bank leg of the multi-central-bank wholesale platform, used for renminbi and Hong Kong dollar cross-border settlement.
Coverage
Developments in which Bank of China Limited is a named party, newest first.
On the record
Hong Kong SAR government issues HK$800m tokenised green bond
The Hong Kong SAR government settled an HK$800m tokenised green bond with a 365-day tenor, priced the previous day at 4.05%, on Goldman Sachs's GS DAP private blockchain platform. The HKMA's Central Moneymarkets Unit acted as clearing and settlement system, with HSBC as trustee and custodian alongside Bank of China (Hong Kong).