Yes, you need to wait a year. This is true for all credit cards. If you make an appointment to cancel the account through ICBC Telephone Banking, the account will be officially closed one year after the appointment. If you need to formally cancel your account as soon as possible, you can go to the designated local branch where you applied for the card 30 days after applying for an appointment to cancel your account. Credit card cancellation method:
Telephone banking cancellation: All credit cards can be canceled through telephone banking. Only when the credit card can be canceled can it be canceled by phone. Call the corresponding bank customer and enter the card number and information according to the prompts to cancel the account.
Cancellation at the bank counter:
1. Bring valid documents, such as ID card and credit card.
2. Go to the bank to get the reservation number and queue up
3. Explain to the service staff that you want to cancel your account, give your credit card to the bank staff, and fill out the relevant application.
4. Credit card account cancellation is completed.
Industrial and Commercial Bank of China ("ICBC") was established on January 1, 1984. As the commercial bank with the largest assets in China, after more than 20 years of reform and development, ICBC has entered the track of coordinated development between quality, efficiency and scale. At the end of 2003, total assets were nearly 5.3 trillion yuan, accounting for nearly one-fifth of the total assets of China's domestic banking financial institutions.
ICBC has the largest customer base in China, with approximately 100 million individual customers and 8.1 million legal person accounts; more than 20,000 business outlets across the country and nearly 390,000 employees provide customers with high-quality and efficient services. . As of the end of 2003, ICBC's deposit balance was RMB 4,606.2 billion, its loan balance was RMB 3,392.9 billion, and its annual operating profit reached RMB 63.5 billion.
Since the beginning of the 21st century, the competitive development capabilities of ICBC’s overseas institutions have been significantly improved. In 2011, the return on equity (ROE) of ICBC's overseas institutions averaged 12.4%, a return level higher than that of some major European and American banks; per capita assets were RMB 140 million, and per capita net profit was RMB 870,000, exceeding the average level of the entire bank, reflecting a relatively high level of returns. High operating efficiency. The functions cover deposits, loans, remittances, bank cards, online banking, international settlement, trade financing, financial markets and other fields. After several years of unremitting efforts, the FOVA system has been successfully put into production in 34 overseas institutions, covering all overseas institutions except ICBC (Asia).