● Prompt Link
● Check Express
● Agent Collection
● Collection at Door
● Others

Prompt Link
I. Definition
Prompt Link is a national inter-city deposit and withdrawal service provided by ICBC to corporate customers on the basis of its advanced modern computer technology and telecommunication network.

II. Product Introduction
Customer can manage its fund in ICBC account in any comprehensive business office of ICBC. The fund transferred will be credited in real time.

III. Application Condition
When conducting the inter-city deposit business (to deposit into an inter-city account), the beneficiary must have opened an account in ICBC. When conducting the inter-city withdrawal business (to pay from an inter-city account), the payer must have opened an account in ICBC and have signed an agreement of inter-city deposit and withdrawal and have presented the payment password when issuing the payment voucher. It should be noticed that both the payer and the payee must have opened account in ICBC for real time credit.

IV. Solution
1. Realize the national inter-city deposit and withdrawal of corporate business

2. Inter-city deposit: inter-city cash collection and inter-city transfer.

3. Inter-city withdrawal: inter-city transfer.

V. Features and Advantages
1. Safe payment instrument. Customers can directly verify the validity of the password upon payment filled in the payment voucher to assure the safety of fund.

2. Convenient business offices. More than 20,000 business offices nationwide to provide customers more convenient services. Customers can conduct business in any comprehensive business office of ICBC.

3. Expedient fund flow. The well-distributed computer network can provide prompt, exact services for customers. The accounts of both the counter party and customer will be updated immediately after completing all the inter-city settlement procedures and getting the receipt issued by the bank.

4. The charge is economic and reasonable. Electronic transfer fee will be charged on the payer, which is the same as the remittance commission. Same charge, more rapid speed.

Check Express
I. Definition
Check Express is an innovation settlement product aiming at more rapid check settlement speed, safer check settlement and more convenient check transaction developed by ICBC on the basis of its POS network.

II. Product Introduction
Check Express service provides convenient and fast financial service to those special units and purchasing customers with large transfer check transactions. Its function includes: online real-time payment, online check dishonored checks and online verify check password.

III. Application Condition
The selling customer should open settlement account in ICBC and sign Check Express Service Agreement with ICBC. The purchasing unit or individual should also open settlement account in ICBC and use the payment password to buy.

IV. Solution
After having accepted the transfer check submitted by the purchasing unit, the selling unit uses its payment password to real-timely test the validity of check through the check acceptance terminal linked with the bank computer system, after having confirmed without any default, the bank computer system will control the account deposit of the shopping unit according to the face amount of check. The selling goods in the permitted number could be delivered, and the food or service consumption could be allowed. Once the selling unit delivers the accepted bank check to the account bank, the bank will credit that amount of money into its account in the day.

V. Features and Advantages
1. Withholding fund promptly and avoiding dishonored checks. The check acceptance terminal provided by the bank is used freely so as to real-timely control the authenticity and validity of bank check, and immediately withhold the bank account deposit of the purchasing unit.

2. Real-timely selling commodities and quickening the turnover of commodities. After having withheld the payment for shopping, the commodities could be token away by the purchasing unit safely and assuredly in real time, reducing the stocks and overstocks, quickening the turnover of commodities.

3. Flexible mode of settlement and expanded scope of clients. If customers are in food and service field, they may well accept those clients using bank checks to make consumption settlement with confidence, expanding the scope of clients.

4. Advanced instruments of settlement and more clients being attracted. Since such a business has the feature of real-time delivery and consumption, it is sure to win the favors of mass consuming units, and attracts them to consume again.

5. Cross-region business. After opening this service, customers could accept non-local consumptions and assure the safety of their checks.

Agent Collection
I. Definition
It is a settlement service that the bank collects the money from the payer on behalf of the payee.

II. Product Introduction
Payers of enterprises or individuals that have debit certificate to make settlement presenting accepted commercial instruments (including commercial accepted and bank accepted), domestic L/C, savings agent collection (CD), bond, etc., can enjoy the service of agent collection.

III. Application Condition
Customers can conduct intra-city or inter-city services, and there is no amount limits. The payee should present ICBC with agent collection agreement and related debit certificate.

If the payee is collecting public service fee or other according to the regulations of State Council in the same city, special agent collection service is available. For public service collection, the both parties should present the signed contract, and the authorization to the bank from the payer. The bank will open this service after the approval of the local branch of PBC.

Collection at Door
I. Product Introduction
This service has two ways of long-term fixed collection at door and temporary collection at door.

Long-term fixed collection at door refers to a collection service provided to large depositors that have a large average daily deposit cash amount and cannot easily carry the money to the bank. The bank would offer cash collection at door service by a special staff to the enterprise including service of face-to-face counting and sealed collection.

Temporary collection at door refers to a collection service provided to the depositor that has a temporary large cash amount income and requires the bank to collect the money.

At present, the main service of collection at door provided is IC card collection. It refers to a technical service way that the bank staff uses the collection machine and the IC card as data media to conduct business and management.

II. Application Condition
Customers that meet the requirement of Collection at Door Agreement, sign the long-term fixed collection at door agreement or temporary collection agreement can open this service of IC card collection at door.

Others
For other collection settlement service as Agreed Money Box, Direct Debit, Agent Tuition Collection or services on special collection needs, please consult to the local ICBC or call 95588.