ICBC provides the most appropriate account receivables service to customers by closely combining the characteristics of customer's fund movement. The service assists customers to improve efficiency of fund usage by shortening fund collection period and reducing the amount of fund in float.
1. Debit
If both the payer and payee have accounts in ICBC, with prior approval from the payer, ICBC can directly deduct the fund from payer's account according to the account number and amount of money provided by payee. Such Service helps payee to collect payments fast and conveniently across the country.
2. "Prompt Link"
"Prompt Link" is an inter-city deposit and withdrawal service offered to corporate customers by ICBC utilizing ICBC modern computer technology and communication network. After opening accounts in ICBC, customers can deposit and withdraw money from his accounts in any ICBC business office, and can complete fund transfer in seconds. Its main functions include inter-city cash deposit, inter-city transfer deposit and inter-city transfer payment.
3. "Check Expressway"
"Check Expressway" is an innovated settlement product that ICBC developed on the basis of existing POS network. Its aim is to quicken the speed of settlement by check, increase the security of check and facilitate check settlement. Basic functions include online real-time payment, online determination about bounced checks issuance and verification of check's password.
4. E-banking
ICBC E-banking provides a highly efficient collection platform to customers. Customers can online submit collection files with either single transaction or in batch; deduct or collect money from the other party's account automatically. Fund can thus be credited into account quickly.
(1) Online Toll Station ¨C Customers can use the Online Toll Station in Corporate Internet Banking to periodically collect fees from users (company or individual). Online Toll Station is a platform for customers to collect fees from users on its own. It ensures a fast and secure collection of customer's sales income.
(2) B2B online collection ¨C Customers can make a real-time collection of sales revenue by connecting to ICBC online payment platform when selling goods via e-commerce website.
5. Commission Collection
Commission Collection is a kind of settlement where collection party entrust the bank to collect money from payer. Company or individual who hold debt proofs from payer to settle the payment such as accepted commercial draft (include commercial accepted draft and bank accepted draft), domestic L/C, savings commission collection (deposit slip) and bond, can all use this service.
6. Collection at Door
ICBC provides professional collection service at the door. ICBC ensures secure collection through strict internal control and expert device and IC card. Money collected will be timely credited into account.
7. Agreed Cash Box
ICBC provides Agreed Cash Box service. After agreement signed by both parties, when customers has voluminous cash which cannot be finished checking before bank's closing hours, ICBC can credit into account according to the amount filled in the deposit slip by customers. Interest will be calculated starting on that day. Amount will be verified after finished checking the next day. |
