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> > Credit Card Service > Repayment > Peony Card Auto-Repay' Set-up
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Peony Card Auto-Repay' Set-up
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'Peony Int'l Card/Credit Card Auto-Repay' is a service for holders of ICBC Int'l Card (and American Express) and Credit Card to pay back the RMB/FX overdraft by transferring money from the account specified. Use of the service not only allow you to enjoy an interest-free repayment period, but also avoid any penalty interest if no payment is made on due date.
Step 1: Select the type of 'Peony Int'l Card/Credit Card Auto-Repay'
Three kinds of auto-repayment services are available. Select more than one if necessary.
Use RMB Account in Registration Card to automatically pay back RMB overdraft in Peony Int'l Card/Credit Card
Use FX Account in Registration Card to automatically pay back FX overdraft in Peony Int'l Card/Credit Card
Use RMB Account in Registration Card to buy FX to pay back FX overdraft in Peony Int'l Card/Credit Card
Step 2: Select or Enter Int'l Card/Credit Card
Int'l Card/Credit Card No.
---Enter freely---
Manually enter Int'l Card/Credit Card No. if the Card has not been registered under Internet Banking:
(Must use your own Int'l Card/Credit Card and USB-Shield to sign)
Currency:
RMB
Cash/Forex:
Cash
Step 3: Specify Repayment Account
Repayment Card(Account) No.
Currency:
RMB
Cash/Forex:
Forex
Cash
Step 4: Select Type of Repayment Amount
Full: Pay back "Amount due in this period" stated in current Statement. No overdraft interest if you pay this amount.
Minimum: Pay back "Minimum amount" stated in current Statement. You have to pay overdraft interest if you pay this amount.
Partial Repayment (Y/N):
Yes
No
Note: use "Partial Repayment" if the balance in the account for auto-repay is not enough to repay all the amount stated under "Repayment option" of your choice. ICBC System will deduct the maximum amount available from your account.
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