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Installment Agreement(Credit Card)
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Installment Payment Business Notice
1. The common consumption to be converted to the consumption of installment payment must be the consumption that has been credited to the account and is still in interest-free payment period.
2. During the period of installment payment, if you fail to repay the lowest minimum payment of your account of Credit Card twice accumulatively, ICBC has right to end up this business and credit all funds that have not been deducted into your account of the Credit Card.
3. During the period of installment payment, you can apply for extension for the funds that should be paid by installment and have not been credited to your account. However, once you fail to repay the minimum payment of the account of the credit, ICBC has right to end up this business and credit all funds that have not been deducted into your account of the Credit Card
4. The relevant fee of installment payment business will be directly deducted from your account of Credit Card
5. In case you apply for advance repayment for the installment item, the relevant installment fee will not be returned back.
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