U.S. dollars cannot be paid back with China Merchants Bank credit cards.
Relevant regulations for China Merchants Bank credit cards:
1. An enterprise or institution can only open one basic deposit account in one bank. Depositors' wages, bonuses and other cash withdrawals can only be processed through the basic account.
2. A bank settlement account opened for the special management and use of funds for specific purposes. Special deposit accounts are used to handle the collection and payment of various special funds. Special deposit accounts that allow cash withdrawals are subject to approval.
Capital construction funds, renovation funds, extra-budgetary funds, grain, cotton, and oil purchase funds, unit bank card reserve funds, securities transaction settlement funds, futures trading margins, interbank funds deposited by financial institutions, income remittance funds, and business expenditure funds Funds for organizational structures of the Party, Youth League, and trade unions located in units and other funds that need to be specially managed and used in accordance with regulations can apply for the opening of special deposit accounts.
3. Handle the collection and payment of funds arising from the temporary business activities of temporary institutions and depositors. Cash withdrawals from temporary deposit accounts should be handled in accordance with national cash management regulations. The scope of opening a temporary deposit account: establishment of temporary institutions, temporary business activities in other places, registration and capital verification.
4. The depositor’s collection and payment of funds for daily business activities and the withdrawal of wages, bonuses and cash should be handled through this account. General deposit accounts are used to handle the transfer of depositors' loans, loan repayments and other settlements of funds. This account can handle cash deposits, but cannot handle cash withdrawals.
Therefore, China Merchants Bank credit card cannot be used to pay back U.S. dollars.
Extended information:
The role of China Merchants Bank credit card:
1. Assist the company’s development strategy
Analyze the company’s existing human resources situation, Forecast personnel needs, formulate and modify human resource plans, and implement them after approval by superiors.
2. Conduct job analysis with the assistance of various departments;
Propose adjustments to job settings; clarify department, job responsibilities and job qualifications; revise and improve department and job responsibilities descriptions ; Reasonably evaluate the value of the position.
3. Under certain overall goals, adjust the acquisition of assets (investment)
Capital financing (financing) and operating cash flow (working capital), as well as profit distribution management.
4. Be able to clarify the goals that the company should achieve in the future.
Through marketing planning, companies can establish clear marketing goals. Not only can it accelerate the transition of corporate marketing from the actual state, but it can also reduce a lot of ineffective labor caused by circuitous search for goals.
China Merchants Bank official website-Credit Card Terms
Baidu Encyclopedia-China Merchants Bank
Baidu Encyclopedia-Credit Card