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What does the payment transaction of Agricultural Bank of China mean?
China Agricultural Bank's agent payment transaction refers to the fund settlement product that China Agricultural Bank accepts the entrustment of users and transfers the funds in the account of China Agricultural Bank to the account of the charging unit at the agreed time according to the amount paid in the current period. In general, the transaction of paying wages is often closely related to the payment of living expenses. Common communication products, property management products, social security, taxation, transportation, etc.

Bank collection and payment services include:

Industrial and Commercial Bank of China

Water, electricity, coal, fixed telephone, mobile phone, Shanghai hotline, 163 network, wired communication, insurance, tuition and other expenses that need to be paid and withdrawn. , you can transfer money directly through the bank.

China construction bank

Customers can pay by cash, dragon card and current passbook, and the self-service terminal supports CCB customers to pay by dragon card and current passbook. In particular, the self-service terminal charging system supports 24-hour transactions; There are all kinds of self-service terminal charges, and all 10 public utilities with bar codes in the city can pay fees on self-service terminals.

Bank of China

Collect utilities such as water, electricity, coal and mobile phones. You can choose to pay at the counter or use the Great Wall Card to pay automatically according to your own needs. Under the counter payment method, please pay in cash or by transfer on the spot. If you choose the automatic withholding method of the Great Wall card, please hold the Great Wall credit card or electronic debit card, bring the latest bill of charges, and sign the entrustment withholding agreement for water and electricity charges in China Bank.

Agricultural Bank of China

Resident users of public utilities such as water, electricity, coal and mobile phones can pay in cash or entrust a bank transfer.

Bank of Communications

At present, the most comprehensive automatic transfer payment project in Shanghai is the Pacific Card of Bank of Communications, and its payment projects have involved water, electricity, coal, telephone, mobile phone (including mobile communication and China Unicom), internet access fees and other expenses.

Agency payment refers to the business that the payer transfers money to the target account through the agency payment system after providing the relevant bank account information and corresponding funds of the payment target.

Simply put, commercial banks use their own settlement facilities to accept the entrustment of customers and handle the receipt and payment of designated funds. Agency payment can realize bank fund transfer transactions from public to public, from public to private, from private to public and from private to private.