First, the meaning of entrusted payment
Entrusted payment is a payment method of loan funds, which means that the lender (a legally established banking financial institution) pays the loan funds to the borrower's transaction object according to the borrower's withdrawal application and payment entrustment, so as to reduce the risk of loan misappropriation. Payment is applicable when the amount of a single loan exceeds 5% of the total investment of the project or exceeds 5 million yuan.
Second, the meaning of bank custody account
Custody account is a new financial service to meet the needs of family intensive financial management, partnership investment by partners and friends, and supervision and remittance of venture capital. Customers (authorizers) can authorize their accounts to others (administrators) through counter authorization. After the authorization is successful, the administrator can manage the authorizer's account, transfer money, and invest and finance in ICBC through personal online banking. The authorizer only needs to go to the counter with his valid certificate and relevant account, without the presence of the administrator, and the authorizer does not need to register customers for online banking, which is convenient for customers to handle. Authorized persons no longer need to travel to and from bank outlets or learn online banking operations in person, and everything can be done by administrators, eliminating the hard work of queuing at outlets. At the same time, the authorized person can still operate his own account or handle various businesses in person.
Third, the basic process of using entrusted account management
Take iPhone 12 and iOS 14.4 as examples: log in to the professional version or the popular version, enter the card \ credit card \ passbook module, and click the "entrusted account management" menu of entrusted wealth management under account management. Select a specific account, and then click Add Delegation. Fill in the relevant entrustment information and submit it. The entrustment agreement is established when the trustee accepts the entrustment to manage his professional entrustment account. The entrusting party may modify or cancel the previous entrustment at any time.
In a word, entrusted payment is helpful to improve the quality of the whole process management of commercial bank loans, and it is also beneficial to management, which can truly realize loan management. Commercial banks can upgrade the loan risk management model from extensive to refined.