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. The new feature in its mobile and internet banking facilities allows individual clients to convert Philippine peso to RMB, dollar, and euro real-time. “The improvements to our online foreign exchange conversion capacity is a...