How long does it take for BOC e-loans to be frozen when they are used for stock trading and require repayment? BOC e-loans are generally frozen for 7 days when they are withdrawn. If the customer wants to unfreeze the amount, it is recommended to check the reasons that caused the limit to be frozen.
What is the reason, and then corresponding solutions can be taken.
For example, if the credit limit is frozen due to overdue repayment, you can only pay off the debt quickly and then apply for unfreezing.
However, customers should be prepared that their credit limit will not be restored within a short period of time, and they may need to repair their credit damaged due to overdue credit. Once their credit is restored, their credit limit should be restored.
If I have an outstanding loan on Bank of China e-Loan and then transfer money from another bank account to Bank of China for stock trading, will there be any impact?
If there is an outstanding or overdue loan on Bank of China e-Loan, transferring money from another bank account to Bank of China for stock trading will definitely have an impact. If the loan has not expired, nothing will happen to the money that has been transferred out by Bank of China e-Loan to the third party.
Whether it can be used for funds cannot.
Bank of China E-loan can only be used for reasonable and legal personal consumption expenditures, and cannot be used for investment in stocks, funds and other types of investment purposes.
The uses include daily consumption, education, decoration, medical care, car purchase, travel, and wedding.
BOC e-Loan is a personal online consumer loan launched by Bank of China, so it is both an online loan and a consumer loan.
The characteristic of online loans is that the entire process is applied online, and no offline signature is required.
If I use Bank of China e-Loan to trade stocks, can I reapply later? No.
You cannot use Bank of China E-loan money for stock trading, because stock trading is a high-risk financial management project, and stock trading with loans is prohibited by banks.
Once a bank discovers that a loan is being used to speculate in stocks, the application will definitely not be approved.