Advance repayment of personal entrusted loan of China Bank:

1. After the entrusted loan contract comes into effect, the borrower can repay all or part of the loan principal and interest in advance. If the borrower needs to prepay, it must submit a written application 10 working days before the repayment date, specifying in detail the time and amount of prepayment. Any change in the repayment plan shall be subject to the written consent of the borrower, the principal and the trustee.

2. For the part returned in advance, the interest shall be calculated according to the interest rate stipulated in the contract and the actual use time, and the part not returned shall still be executed according to the interest rate stipulated in the contract.

3. The borrower shall not use the advance payment again.

The above contents are for your reference. Please refer to the actual business regulations.

Can the entrusted loan be paid by bank acceptance bill?

can

Generally speaking, entrusted loan funds can be used for bank guarantee, because as long as the entrusting party agrees, its use is not restricted by bank supervision; If ordinary short-term circulating loan funds are used to repay entrusted loans, the general banks will review the purpose of the original entrusted loans when examining and approving them.

Can I repay the entrusted loan to the bank?

The entrusted loan can be repaid to the bank.

Entrusted loans have no restrictions on use and can be used to repay bank loans.

Entrusted loan refers to the loan issued by a trust institution according to the requirements specified by the client. The source of funds for this loan is a special trust deposit, and the object, quantity and purpose of the loan are decided by the client. Trust institutions are only responsible for the examination and issuance, supervision and use of loans, recovery at maturity and interest collection, and are not responsible for profits and losses. Trust agencies only charge a certain fee according to the contract.

Can entrusted loans be repaid with entrusted loans?

Of course. Entrusted loan loans can be repaid with entrusted loans. Entrusted loans have no restrictions on use and can be used for repayment. Loan means that banks, credit cooperatives and other institutions issue loans to money-using units or individuals, and agree on interest and repayment date. Loans refer to loans, discounts, overdrafts and other borrowing funds.

This is the end of the introduction of entrusted loan return and supervision of entrusted loan use. I wonder if you found the information you need from it?