In 1912 Several Chinese residents of the US, including members of the Fok (Huo) family (P.T.
The Chinese branches issued bank notes denominated in local currency dollars, with the Shanghai branch even issuing a 500 dollar note.
At the time it had branches in San Francisco, Bangkok, Shanghai, Canton and Hankou.
In 1939 the government of Siam (Thailand), during an outbreak of widespread anti-Chinese feeling, closed the local branch of Oversea-Chinese Banking Corporation and the branches of BoC, charging the banks with facilitating illegal remittances by Chinese residents.
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