no. According to the inquiry financial network, the appointment transfer means that after the customer applies for appointment transfer at the savings outlets, the savings will be transferred to the designated account at the time and amount agreed by the customer, which is not a loan. Bank of Communications is referred to as Bank of Communications. Founded in 198, with assets of 12.99 trillion yuan in 222, it is one of the six largest banks in China, one of the oldest banks in China and one of the note-issuing banks in modern China.