ETC is an electronic toll collection system. It means that when a vehicle passes through a toll station, the vehicle identification, information writing (entry) and corresponding funds are automatically deducted from the pre-bound IC card or bank account (exit) are realized through the on-board equipment. This is an electronic toll collection system for roads, bridges and tunnels that is being developed and promoted internationally.

Users newly process ETC:

What information does the bank need for ETC?

1. (If you have a credit card, you need to have a credit card (credit card) with an overdraft limit greater than 1,000 yuan, such as Zhejiang Industrial and Commercial Bank of China, China CITIC Bank, and provincial rural credit cooperatives;

(No credit card) CITIC Bank, China Construction Bank, Postal Savings Bank can apply for ETC without pre-depositing part of the deposit with an ordinary debit card to apply for a credit card;

2. Then use the original and copy of your personal ID card, the original and copy of the vehicle driving license, and the relevant credit card (swipe the card)

Currently, etc.’s cooperative banks include: Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, China CITIC Bank, Rural Credit Cooperatives, Postal Savings Bank, and Yinzhou Bank.

Vehicles that have applied for ETC will receive a 30% discount on provincial tolls (no discount on agency fees), and no discount on provincial tolls

Corporate users:

Need to register with ICBC. Or CITIC Bank has a company account (the Rural Credit Cooperative has not yet opened a legal entity);

Then sign an ETC collection agreement with the bank account of the vehicle to be processed. After the bank successfully signs the contract, bring the bank's ETC collection agreement. (red copy), a copy of the unit’s valid certificate (business license, organization code certificate, etc.), the original and copy of the vehicle driving license, the original and copy of the person’s ID card, and drive the vehicle to the relevant service outlet. .

For example, if the driving license belongs to the company's vehicle, and a user who signs a personal credit card for deduction needs to issue a toll invoice in the name of the company, the company can provide valid certificates, open an account in the name of the company, and handle ETC.

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