Bank of China Hong Kong: Implementing the regularization of personal cross-border credit checks Mainland residents' credit report…

On September 15, BOCHK announced that it will formally apply personal cross-border credit reports to the credit approval process of retail banking such as mortgages, private loans and credit cards on Wednesday, September 16. The Bank of China Hong Kong said that this move marks the regular application of the pilot results of "cross-border credit exchange", which will provide more convenient credit service support for mainland residents to come to work or live in Hong Kong and further enhance the cross-border financial service experience. According to BOCHK, the bank will apply cross-border credit reference to different personal banking scenarios, and submit verified personal credit reports from the mainland through customers to more accurately assess their repayment ability, so as to optimize the credit approval process and improve the approval efficiency, and customers have the opportunity to obtain better credit conditions.

It is understood that in October 2025, the Hong Kong Monetary Authority and the People's Bank of China decided to regularize the "cross-border credit exchange" business on the basis of the previous pilot to facilitate cross-border financing for enterprises and individuals from the two places. Public information shows that BOCHK is the first bank in Hong Kong to announce the routine application of personal cross-border credit reports.