The clearing center of the head office of China Industrial and Commercial Bank means that after the credit card is consumed, the card clearing center will automatically repay the debit card associated with its name, so that the cardholder will not have the overdue credit card. The clearing center of China Industrial and Commercial Bank is the financial clearing institution of China Industrial and Commercial Bank, which is mainly responsible for the internal settlement, external settlement, settlement statements and financial reports of China Industrial and Commercial Bank. It is the core department of ICBC, responsible for maintaining the financial stability of the bank.

China Industrial and Commercial Bank Clearing Center refers to the unit that handles the calculation and control of accounts such as fund transfer, fund settlement, fund lending, account audit, etc. between handling banks.

What does the clearing center mean?

Clearing center refers to the calculation and control unit that handles account affairs such as fund transfer, fund settlement, fund lending and account audit between handling banks. The comprehensive settlement center undertakes the construction, operation, maintenance and management of the payment and settlement system. Fund settlement refers to the transfer of funds between financial institutions, the transfer of payment accounts and the repayment of due deposits.