China Bank issues exclusive debit card products for credit card "excellent customer installment" and "home improvement installment" (hereinafter referred to as "installment debit card"). Main functions and services of products: In order to meet the requirements of CBRC on the use of installment business funds and cash advance management, installment debit cards are prohibited to be used as loan carriers and accounts for transfer, remittance, cash withdrawal, investment and wealth management, and are only used for consumer payment of specific merchants: 1, outstanding customers who pay by installment debit cards ic cards, and the merchant type "MCC" is defined, and products are prohibited to be used for real estate, securities investment, pawn trust, gambling, etc. 2. Home improvement installment IC card only allows products to be traded in home improvement merchants by limiting the "white list" merchant type (MCC). 3. The parameters of debit card products can be monitored according to risks, and a "blacklist" can be set for specific merchants to prohibit suspicious merchants from trading. For further consultation, please call the customer service hotline of China Bank directly: 95566 (mainland China); +86 (area code) 95566 (overseas, Hong Kong, Macao and Taiwan), credit card hotline: 40066-95566 (mainland); +86 10-66085566 (overseas, Hong Kong, Macao and Taiwan), the staff will help you. High-quality customers need to use Aijia credit card for installment in online outlets, and support three payment modes, namely, customers pay by swiping high-quality customer debit cards, customers automatically installment by swiping credit cards (easy card issuance), and direct bank lending. The specific method is chosen by the customer, and the handling outlets will give detailed answers to the application materials and charging standards that need to be provided. If you have any other questions, you can also directly consult the handling outlets.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
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