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Does Ping An Credit Card require a settlement certificate?

Yes.

To issue a settlement certificate, you need to go to the card-issuing bank, but generally the card-issuing bank will have certain requirements for issuing the certificate, and it will only be processed if the conditions are met.

The conditions required by Ping An Bank to issue a certificate are: good credit, no malicious overdue behavior, and the credit card debt has indeed been settled.