First, the benefits of provident fund transfer:
1. It is more convenient for employees to handle business in the nearest housing provident fund management center at the transfer-out place, and avoid employees running back and forth between the transfer-out place and the transfer-in place.
2. The transfer service has short processing time and high efficiency. After accepting the employee's application, handle the transfer of housing provident fund account information and funds for employees through the platform and the transfer-out provident fund center, and inform the employees of the transfer results at the first time.
3. Standardizing the transfer of housing provident fund in different places, ensuring the accurate information and safe funds of employees' housing provident fund accounts in the process of transfer in different places, is conducive to continuously calculating the payment period of employees' housing provident fund, and supports the employees who have paid housing provident fund to use it in different places, thus effectively protecting the legitimate rights and interests of employees who have paid it.
Second, the housing provident fund transfer conditions:
1. The applicant and the applicant's spouse have good personal credit and no bad records in the personal credit information system of the People's Bank of China;
2. The applicant's original commercial housing loan must be an "individual housing loan", which is judged according to the original commercial housing loan contract;
3, to the housing provident fund management center to fill in the "provident fund transfer loan consultation record", to verify whether it meets the conditions;
4. After determining and completing the above matters, the applicant will pay off the original commercial personal housing loan with self-raised funds, and apply to the housing provident fund management center for transfer to provident fund loans within one month.
Legal basis: Article 13 of the Regulations on the Management of Housing Provident Fund, the housing provident fund management center shall set up a special account for housing provident fund in the entrusted bank. The unit shall register the housing provident fund deposit with the housing provident fund management center, and go through the formalities for the establishment of housing provident fund accounts for the employees of the unit. Each employee can only have one housing provident fund account. The housing provident fund management center shall establish a detailed account of employee housing provident fund to record the deposit and withdrawal of employee individual housing provident fund.