What is a Collection Agency?
Collection business refers to a commercial collection service operated by banks. This entry refers to the settlement and collection services set up by the Industrial and Commercial Bank of China, such as instant messaging, check-through, entrusted collection, and on-site collection.
Collection business
Right!
- Chinese name
- Collection business
- solution
- Realize deposits and exchanges in the province or the country for business
- Application conditions
- The payee must open an account with ICBC
- Instant messaging
- Computer Technology and Communication Network
- Collection business refers to a commercial collection service operated by banks. This entry refers to the settlement and collection services set up by the Industrial and Commercial Bank of China, such as instant messaging, check-through, entrusted collection, and on-site collection.
- instant messaging
- Check-through
- First, the function definition
- Instant messaging refers to an off-site fund exchange service provided by the Industrial and Commercial Bank of China for modern customers using modern computer technology and communication networks.
- Product introduction
- Customers at
- First, the function definition
- Cheque Express is an innovative settlement product developed by the Industrial and Commercial Bank of China using the POS network to speed up check settlement, improve check settlement security, and facilitate check settlement transactions.
- Product introduction
- Cheque Express provides convenient and fast financial services for customers of contract units and purchase units that accept a large number of transfer checks. Check-through train functions include: online real-time payment; online determination of short positions; online identification of check passwords.
- Application conditions
- The sales unit must open a settlement account with ICBC and sign a "Cheque Express Agreement" with ICBC. Units and individuals who use cheques to purchase and consume goods have been opened at ICBC
- First, the function definition
- Entrusted collection is the settlement method in which the beneficiary entrusts the bank to collect the payment from the payer.
- Product introduction
- Units or individuals rely on accepted commercial bills (including commercial acceptance bills and bank acceptance bills),
- Product introduction
- On-site collections include long-term fixed-site on-site collections and temporary on-site collections.
- Long-term fixed-point on-site collection refers to
- For other collection-related settlement products, such as: agreement cash boxes, direct debits, collection of tuition fees, etc., or other collection-based settlement services, please consult your local Industrial and Commercial Bank of China or call 95588.