You need to enter a password for overseas credit card spending of ICBC.

ICBC credit card related regulations:

1. Ensure the non-repudiation of trading behavior and business. When there are disputes between the two parties in online transactions, especially those related to payment and settlement, the system can ensure the non-repudiation of related behaviors or businesses. The online payment system must generate or provide sufficient evidence in the process of transaction to quickly distinguish right from wrong in disputes, which can be realized by digital signature and other technologies.

2. Deal with the multilateral payment of internet trade business. Payment settlement involves many parties, such as customers, merchants and banks. The transmitted purchase information and payment instruction information must also be connected together, because merchants will only continue to trade after confirming some payment information, and banks will only provide payment after confirming payment.

In order to ensure security, merchants can't read customers' payment instructions and banks can't read merchants' purchase information. This multilateral payment relationship can be realized by using technologies provided by the system, such as double digital signature.

3. Improve payment efficiency. The procedures and processes of online payment are not complicated, and the payment efficiency is very high.

4. Handling the receipt and payment of funds arising from temporary institutions and depositors' temporary business activities. Cash withdrawal from temporary deposit accounts shall be handled in accordance with the provisions of the state on cash management. The scope of opening a temporary deposit account includes the establishment of temporary institutions, temporary business activities in different places, and registered capital verification.

5. Depositors' daily business activities, as well as their wages, bonuses and cash withdrawals, shall be handled through this account. The general deposit account is used to handle the deposit of depositors' loans, loan repayment and other settlement funds. The account can be used for cash deposit, but not for cash withdrawal.

Therefore, it is necessary to enter a password for overseas credit card spending of ICBC.

Extended information:

Functions of ICBC credit card:

1. Feedback function

The feedback function of CCB card is to transmit and reflect the economic information generated in the exchange activities to the exchange parties. While exchanging activities in the market, commodity sellers and buyers are constantly inputting information about production and consumption. This information has been transformed by the market and fed back and output in a new form.

CCB card information has various forms and contents, which can be summed up as the visualization of commodity supply capacity and demand capacity in the market, the prediction of the changing trend of market supply and demand, and its essence reflects the allocation ratio of social resources in various departments.

The information feedback function of CCB card can provide an important basis for the national macro-economic decision-making and enterprise production and operation decision-making. On the one hand, the state can judge whether the proportional relationship between various departments of the national economy is appropriate according to the information feedback of the total market commodity and its structure, and plan and adjust the distribution ratio of social resources in various departments accordingly;

on the other hand, enterprises can also make judgments and forecasts on consumption preferences and demand potential according to the information feedback of the market sales of commodities, so as to determine and adjust the business direction of enterprises.

with the improvement of social informatization, the information feedback function of the market will be strengthened day by day.

2. Adjustment function

Adjustment function means that the market can automatically adjust the operation process and basic proportional relationship of social economy under the action of its internal mechanism. As the carrier and realistic expression of commodity economy, market is essentially the realization form of the law of value. The law of value is transformed into the internal mechanism of economic activities through the forms of price, supply and demand, competition and so on.

The market mechanism automatically adjusts the whole process of social production, distribution, exchange and consumption by means of price adjustment, supply and demand adjustment and competition adjustment. For example, adjust the allocation of social resources among departments and enterprises and the composition of the total amount and types of products produced; Adjust the distribution of interests among various market entities;

adjust the total supply and demand and the supply and demand structure of commodities in the market; Adjust social consumption level, consumption structure and consumption mode. On the basis of the above adjustment, the basic social and economic proportional relationship will be automatically adjusted. Regulation function is the most important function with core significance in the market.

Baidu Encyclopedia-Industrial and Commercial Bank of China

Industrial and Commercial Bank of China official website-Credit Card Charter

Baidu Encyclopedia-Credit Card