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Can the money from the Agricultural Bank of China account be transferred to other bank accounts through inter-bank fund pooling?

Yes.

In 2014, Agricultural Bank of China’s “Personal Internet Banking Inter-bank Fund Collection Business” was officially launched. As a newly developed online banking service of Agricultural Bank of China, this product function fully meets the inter-bank fund management needs of individual customers, and can manage the capital accounts and personal finances of various banks without leaving home, helping customers to effectively consolidate.

Specific product introduction:

(1) Business introduction

The inter-bank fund aggregation business of personal online banking refers to the cross-bank inquiry agreement and inter-bank payment agreement that customers sign On this basis, an inter-bank fund pooling agreement is signed, and then the funds from other banks’ accounts can be pooled into the Agricultural Bank of China account according to certain rules.

(2) Processing conditions

Customers need to have bank cards from at least two banks, have opened online banking, and have signed an inter-bank inquiry agreement and an inter-bank payment agreement in advance. Customers who meet the above conditions can handle inter-bank fund pooling business through Agricultural Bank of China’s personal online banking.

(3) Main functions

1. Sign a contract. Through this function, customers can sign inter-bank fund collection agreements, and customers can set the collection mode, amount and collection period. After the contract is signed successfully, the system will collect funds from other banks to the Agricultural Bank of China account according to the rules set by the customer.

2. Maintenance. Through this function, customers can terminate the contract, suspend or resume the agreement. When the inter-bank fund pooling agreement is lifted or suspended, the system will no longer carry out pooling.

3. Query. Through this function, customers can check the details of the collected funds.