If the cardholder's payment and payment cards are from the same bank, the transfer can be credited in real time. But if it's cross-bank, not the same bank, then the collection time will be different depending on the bank. It usually takes 24 hours or even 48 hours to arrive. Small-amount bank transfers can be received within a short time, large-amount bank transfers usually arrive in the early morning of the next day, and inter-bank transfers take 1-3 working days.

According to different functions, credit cards are divided into debit cards, special cards, and stored-value cards. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

Debit card (debit card) can be used for consumption online or at POS, or transfer and withdrawal through ATM. Overdraft is not allowed, and interest is calculated on the amount in the card based on current deposits. Funds are withdrawn directly from the savings account when spending or withdrawing money. Debit cards generally require a password (PIN) when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their levels; they can be divided into domestic cards and international cards according to their scope of use.

Credit cards

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Meaning

Bank transfer settlement refers to transferring money directly from the bank account of the paying unit (or individual) to the receiving unit (or individual) through the bank without using cash. Coin fund settlement method for bank account.

Method

1. If the passbook account number and account name provided by the payee are correct, just take the cash to the bank and deposit it directly into the payee's account.

2. It is recommended that you open an account at the bank, then fill out a wire transfer form, fill in the other party's receiving account number, account name, and account opening bank name, and transfer money from the account to the payee. This method is the safest. If the payee’s account has been closed or the account name (or account number) is wrong, the remittance will be directly returned to your account

3. If you have a deposit from ICBC With the card, you can transfer money directly at the teller machine, and the express remittance is very convenient.

4. If you find it troublesome to open an account, you can directly remit cash and fill out a wire transfer form for remittance. However, you must clearly fill in the other party's receiving account number, account name, and account opening bank name.

5. Telephone banking transfer.