1. Telephone loss reporting is also an oral loss reporting, that is, the 95588 loss reporting of your working bank. After doing this, your bank card will be in a state of "allowing entry but not exit", that is, you can deposit money in it, but you can't withdraw money from it.

2. Officially report the loss, that is, report the loss at the counter, that is, you go to the ICBC counter to fill out a form to report the loss. After doing this, your bank card will be in a state of "no entry and no exit", that is, you can neither deposit money nor withdraw money.

To sum up, as long as you report the loss, you can't withdraw money or complete the installment payment.