Bank of China credit card pre-authorization means that the merchant will stop paying a portion of the funds on your credit card before you make a purchase. After the purchase, your signature is required before the merchant can officially deduct the funds. When checking into a hotel or car rental, you do not need to pay a large amount of cash as a deposit to the hotel or rental company. You only need to pre-authorize it with a Bank of China credit card through the hotel or rental company.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.