Usually, this problem only occurs when you pay for a purchase with a credit card and then refund and return the item. Because when consumers return items after purchasing with a credit card, the refund can only be refunded directly to the credit card they used. At present, the refund and arrival time of domestic banks have not yet been unified.
For example, Bank of China or some local banks take 10 working days to return the money to the credit card account. CCB can generally complete the refund process within 3-15 working days. Generally speaking, ICBC takes about 15 working days. If it is cross-border consumption, the refund time will be longer.
1. It should be noted that:
If the refund arrives before the current billing date, the cardholder does not need to repay; if the refund has been credited to the current bill, the cardholder People need to repay the amount shown on the bill date.
2. It is reported that if a consumer uses a credit card to make a purchase and then returns the goods, the payment can only be refunded directly to the credit card, and most banks take about half a month for the refund to arrive, and some even longer. For example, it takes Bank of China or some local banks ten working days to refund the money to the credit card account; ICBC takes about 15 working days; China Construction Bank can generally complete the refund process within 3-15 working days; CMB only takes 3 working days Date
3. If the refund arrives before the current billing date, the cardholder does not need to repay; if the refund has been recorded in the current bill, the cardholder needs to repay according to the amount shown on the bill date. If the refund arrives before the current billing date, the cardholder does not need to repay; if the refund has been charged to the current bill, the cardholder needs to repay according to the amount shown on the bill date.
4. If the refund is not returned to the credit card on the credit card statement date, the refund received after the statement date cannot be offset against the credit card repayment amount of the current month. If a credit card user fails to pay off all outstanding balances, the bank will charge them full penalty interest.
Industrial and Commercial Bank of China (ICBC) was established on January 1, 1984. [1] The head office is located at No. 55, Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government,[2] a national deputy ministerial level unit. [3] The basic tasks of ICBC are to raise social funds through domestic and overseas financing activities, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction in accordance with national laws and regulations.