1. What does general ledger installment mean?

General ledger installment is actually the installment repayment service provided by the bank for cardholders, that is, after the current bill comes out, if you use a credit card to spend again, you can installment the bill and the unbilled consumption amount at the time of final repayment.

For example, if the billing date of your CMB credit card is 23rd of each month, you have billed 1 000 yuan in July, and spent 500 yuan on 24th of July, then you can combine the billed 1 000 yuan and the unbilled 500 yuan amount for general ledger installment, but after the installment is successful, the billed installment and the unbilled installment amount are separated.

2. General ledger installation precautions:

The minimum amount of general ledger installment application shall not be lower than that of 300 yuan, and the maximum amount of application shall be subject to the results of system audit.

The number of general ledger periods that can be selected is less than that of bill periods, only 2/3/6/112, and the longest credit card bill can be divided into 36 periods. If you are a cardholder with long-term capital turnover, you should consider it clearly before handling it.

General ledger installment processing time must be before the last repayment date of this period.

: 1. What is installment payment?

Installment payment is mainly used for some product transactions with long production cycle and high cost. Such as the export of complete sets of equipment, large vehicles and heavy machinery and equipment. Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a deposit, and most of the rest is paid in installments after part or all of the production. When the product is completed, loaded and delivered, or when the goods arrive at the end of the installation, commissioning, investment and quality guarantee period.

Second, the characteristics of installment payment

1. Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a deposit, and most of the rest is paid in installments after part or all of the production. When the product is completed, loaded and delivered, or when the goods arrive at the end of the installation, commissioning, investment and quality guarantee period.

2. When the buyer and the seller sign the contract, the buyer will pay the seller the cost of the purchased goods and services in installments within a certain period of time. The date and amount of each payment are indicated in the contract in advance.