Automatic repayment means that the cardholder binds the payment account to the credit card account according to the requirements of the bank, chooses full repayment or minimum repayment, and the bank automatically deducts the money before the repayment due date every month. It is recommended that you deposit the due amount in the bank at least two to three days before the due repayment date, so that the system can successfully deduct the money.
Tips:
1. The input field marked with "*" is required.
2. You can choose "full repayment" or "minimum repayment". If you need to set the specific amount of automatic repayment in the current month, you can also call the 24-hour customer service hotline for flexible automatic repayment, and we will provide you with more flexible and free choice of repayment amount.
3. We provide partial deduction and re-deduction services according to the agreed repayment amount set by you.
Partial deduction service: When the associated repayment account cannot fully repay the agreed repayment amount, the transferable balance of your associated repayment account will be used as the deduction repayment amount.
Re-deduction service: when the first automatic repayment fails to reach the agreed repayment amount, it will be deducted from your relevant repayment account again on the day when the repayment grace period expires. If the associated repayment account still cannot fully repay the agreed automatic repayment amount, the transferable balance of your associated account will be used as the deduction repayment amount.
4. Tick "All debts are repaid in RMB" to enjoy the automatic foreign exchange purchase repayment service easily. If your associated repayment account is Great Wall Credit Card, the exchange rate is the foreign exchange quotation (foreign exchange cash selling price) published by our bank on the day of deduction, and other repayment accounts are the foreign exchange quotation (foreign exchange cash selling price) published by our bank on the day before deduction.
5. If it is not necessary to purchase foreign exchange for repayment, select "RMB and foreign currency for repayment respectively" (the repayment account is a current all-in-one account, and the RMB deduction account and the foreign currency deduction account can be the same account). We check the balance of repayment account in the order of cash first and then remittance, and deduct the money from the account with sufficient balance first. When none of your associated repayment accounts can repay the agreed amount in full, we will first choose the account with a large balance in the banknote remittance account or remittance account for deduction.
6. After the automatic repayment service is opened, we will remind you that the automatic repayment function has been opened in the statement, and provide your pre-specified repayment account number for your timely inquiry. In order to avoid unnecessary losses caused by repayment failure, please check the repayment account and deposit enough funds before the due repayment date and the next deduction date.
7. If you open the SMS service, we will inform you of the result of automatic repayment by SMS every month, please check it in time. If the automatic repayment fails, please take the initiative to handle the repayment business by other means in time. At the same time, the success or failure record of automatic repayment will also be recorded in your bill for verification.
8. You can query and set the repayment method, and only accept the change instruction of the main card. When the main card is set, the subsidiary cards under this card will change accordingly. Automatic repayment will take effect in the next billing cycle, within 18 days after the billing date, or in this period.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.