Purpose of Personal Revolving Loan Funds from Bank of China Online Banking:
Can be used for consumer purposes such as home decoration, education assistance, vacation travel, purchase of large-amount durable consumer goods such as cars, etc. Operations are not supported for the time being. use. The purpose of the loan shall not violate relevant laws and regulations and the relevant regulations of the People's Bank of China and the China Banking Regulatory Commission on the purpose of personal loans. Loan funds are strictly prohibited from being used to purchase housing, stocks and other securities investment activities. When applying for a loan, you must provide documentation proving the purpose of the loan. If you submit a statement of purpose, you must subsequently report the use of funds to the Bank of China on a monthly basis.
For detailed information, please consult the responsible outlet.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.