The contact person will wait for the residence to be processed by the backend. After communicating with the relevant personnel of the local branch, the backend will notify the customer to fax the pre-authorization release application to the corresponding branch for processing.
How to cancel credit card pre-authorization: Customers can directly call the credit card center at 800-820-5555 (remember not to let the merchant send a fax directly).
In addition, if you use a credit card to request an immediate return of funds, in theory, all pre-authorizations obtained on the same POS machine can be cancelled. However, due to the current domestic acquiring banks’ different settings for POS machines, and POS There are various types of machines, and there are cases where the cancellation can be successful, but not many. Therefore, in this case, pre-authorization is mostly canceled manually.
The process is as follows: The merchant faxes the request for pre-authorization cancellation to its acquiring bank. After confirmation by the acquiring bank, the acquiring bank then sends the fax to the authorization office of China Merchants Bank Credit Card Center, and relevant personnel will process it. If the cancellation is authorized on the same day, the quota will be restored immediately. If the cancellation is not authorized on the same day, it will need to be processed by the accounting office, so it will take working days to restore the quota.
If you have other questions, it is recommended that you add "QQ" or "WeChat" for online consultation. Method 1: Search for "4008205555" among QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; Method 2: Search for the number "cmb4008205555" on WeChat and follow China Merchants Bank Credit Card Center. For detailed instructions, please click: cc.cmbchina/...d=zxkf. Thank you for your attention and support!
How long does it take for a credit card pre-authorization to be returned?
After the credit card pre-authorization is paid, the merchant's salesperson can cancel the pre-authorization. If the pre-authorization is not released, the bank will automatically release the pre-authorization within 45 days.
How to apply for credit card pre-authorization
Of course you have to apply to the bank. Generally, a bank clerk can do it. There is an online link similar to a POS machine. Customers enter the link. You can do pre-sale rights by directly entering the _ number password. You can have the right to cancel or deduct it from the customer
What is the "pre-authorization" of the credit card?
The so-called pre-authorization is a transaction in which the card issuer or its agency confirms the authorized frozen limit before the cardholder makes payment. In other words, pre-authorization refers to a transaction that requires the card issuing department to make a commitment to the merchant for future payment when the customer makes a purchase because the consumption amount is undetermined. The amount of the pre-authorized transaction will be frozen, and you will not be able to participate in other transactions until the pre-authorized settlement of the corresponding transaction occurs. The pre-authorization will be canceled when the customer settles the pre-authorization. If the customer does not make settlement within 30 days after the pre-authorization occurs, the pre-authorization will also be cancelled. Under normal circumstances, pre-authorization can only be completed by credit card, but there are also some banks such as
How to release credit card pre-authorization
Credit card pre-authorization. If the salesperson can pre-authorize and unfreeze the credit card limit after checkout, . If the salesperson fails to operate, the bank will automatically unfreeze the pre-authorization in about 30 days.