Bank of China’s ETC business:
Bank of China’s Electronic Toll Collection System (ETC for short) is a combination of “vehicle electronic tag + IC card” and microwave in the ETC dedicated lane of the highway. The equipment communicates to realize a fully automatic toll collection system that allows vehicles to pay highway tolls without stopping.
Bank of China ETC card: It can be divided into two types: debit card and stored-value card.
1. Bank of China charge card: issued by ETC operating agencies or cooperative banks, and bound to the user’s Bank of China credit card, debit card or public account. After the user passes the expressway, the bank will pay the toll. The credit card, debit card or public account of the Bank of China bound by the user is debited to the toll revenue account of the ETC operating agency.
2. Bank of China stored-value card: issued by ETC operating agencies or cooperative banks. Users can use cash, Bank of China debit card or corporate account to pre-store tolls into the stored-value card after passing the expressway. , the toll will be deducted directly from the user's stored-value card.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.