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Regular Credit Service

Overview
The Regular Credit Service refers to ABC, under the agreement made with the customer, will pay specific amounts to the named payee directly from the customer’s account upon receiving the customer’s instruction to make bulk payments at a given time.

Features
It is timesaving, convenient and quick as a timely settlement of funds.

Target Customers
Target customers include: government agencies, enterprises and other economic organizations.

Tips
1. The Regular Credit Service generally applies to periodical inter-bank payments of wages and insurance premiums.
2. To apply for the Regular Credit Service, the customer should open a basic deposit account and enter into the payment agency agreement (or contract) with ABC.
3. The Regular Credit Service supports bulk imports and item-by-item manual entries.　

Note: Please contact your local branch for detailed information about the service.

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