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What is the power of attorney of ICBC?
Business power of attorney can handle telegraphic transfer and draft, and can be used in different places. The transfer check is only in the same city.

There are two kinds of business power of attorney: one is that an individual goes to the counter with an ID card, and needs a business power of attorney to remit money to a company that has not opened an account in this bank but has opened an account in another bank or to other individuals who have opened an account in another bank, provided that the other party's account branch is known.

Second, if it is a company, you need to buy a business power of attorney, and then stamp the reserved bank seal to remit money to other units or individuals, and do not open an account in this bank.

Entrusting business type:

Entrusted business is the basic business in China's financial trust affairs, which fully embodies the characteristics of trust "entrusted by the trustee, managing money on behalf of others", and the trustee must handle the business according to the clear requirements of the principal. Entrusted business includes entrusted deposit, entrusted loan and entrusted investment business.

1. Entrusted deposit

Entrusted deposit refers to the special deposit for customers to deposit funds into trust and investment companies for the purpose of entrusting trust and investment companies to obtain income.

2. Entrusted loan

Entrusted loan is an entrusted business in which the client entrusts the funds that he can independently control to a trust institution, issues loans according to the designated projects, objects and purposes, and the trust institution supervises the use of funds and recovers the principal and interest at maturity.

From the perspective of the entrusting party, the entrusted business mainly has the following advantages:

(1) Economic aspect: As the external developers in charge of system development are experts in information system services and technologies, they can provide the same services and values for the organization with the help of specialization and economies of scale at a cost lower than the internal cost.

(2) Service quality: Because once the service provided by an external developer is not satisfied, he will lose his own customers, so the enterprise will have a greater influence on the external developer than its own employees, thus obtaining high-quality services from the developer at a lower cost.

(3) Budget: Because the organization and external developers have signed contracts in advance for the costs corresponding to different levels of services, the uncertainty of costs can be reduced.

(4) Flexibility: it can adapt to the growth of business volume without making major changes to the information system infrastructure of the organization. When information technology permeates the whole enterprise value chain, external developers can provide strong business control and adaptability, because cost and performance can be constantly adjusted according to changing needs.