According to the borrower's entrustment, the bank directly pays the loan to the real estate agent, that is, entrusts the lender to pay; The bank transfers the loan to the borrower's account, and the borrower pays back the money himself.

2. What are entrusted payment and autonomous payment?

"Independent payment" refers to the direct payment of loan funds to the fund recipients according to the loan contract after the bank applies for the loan amount.

"Entrusted payment" means that the bank pays the loan funds to the payee who meets the agreed purpose according to the specific purpose of the funds agreed by the lender. Through the bank audit mechanism, the risk of loan misappropriation can be reduced. 3. What do you mean by entrusted payment by the lender and independent payment by the borrower?

Self-payment refers to applying for a good loan amount and paying the loan funds directly to the fund payee.

"Entrusted payment" means that the bank pays the loan funds to the payee who meets the agreed purpose according to the specific purpose of the funds agreed by the lender, and the loan funds pass the audit of the bank.

Before the new loan regulations, the state stipulated credit funds, such as prohibiting credit funds from entering the stock market and high-risk industries. The new loan regulations clearly give business control, but also a responsibility.

In the choice of two payment methods, those that are suitable for entrusted payment and those that are not suitable for commercial banks, in order to reduce the risk of credit funds and improve the quality of credit assets, relevant procedures must be followed, but the stay time of credit funds in banks is reduced and the income from loan transfer is reduced. For borrowers, it reduces the financing cost of credit funds and improves the level of financial accounting, but it increases the procedures in the process of connecting with bank loans, and increases

Baidu encyclopedia-independent payment of loans

4. What do you mean by entrusted payment by the lender and independent payment by the borrower?

"Independent payment" refers to the direct payment of loan funds to the fund recipients according to the loan contract after the bank applies for the loan amount.

"Entrusted payment" means that the bank pays the loan funds to the payee who meets the agreed purpose according to the specific purpose of the funds agreed by the lender. Through the bank audit mechanism, the risk of loan misappropriation can be reduced.

Before the new loan regulations, the management procedures of credit funds were not clearly defined, so the state made many prohibitive regulations, such as prohibiting credit funds from entering the stock market and high-risk industries. The new loan regulations clearly give commercial banks the management and control of credit funds, and at the same time, it is also a responsibility.

In the choice of two payment methods, commercial banks may not choose independent payment if they meet the conditions of entrusted payment; If it meets the conditions of independent payment, it must meet the relevant procedures before it can be used. From the pros and cons, banks reduce the risk of credit funds and improve the quality of credit assets, but reduce the time for credit funds to stay in banks and reduce the income from loan transfer. For borrowers, it reduces the financing cost of credit funds and improves the level of financial accounting, but it increases the procedures for connecting with bank loans and the workload.

If the extended information loan adopts the method of entrusted payment, the transaction items have been determined in the loan credit application materials, and even the approval process of the counterparty and the bank is relatively strict, and only the performance exists when the loan is issued.

The traditional independent payment method is flexible and random, while the new loan regulations clearly stipulate independent payment: the lender should ask the borrower to summarize and report the payment of loan funds regularly, and know whether it meets the agreed purpose through account analysis, voucher inspection and on-site investigation, which requires more refined management of credit funds.

The authenticity of the loan purpose is the premise of implementing the two methods. If the customer or the account manager of the bank conceals the real purpose of the loan when declaring, it is difficult to pass whether the loan is used for entrusted payment or independent payment. If it is forced to operate, it will be illegal. On the contrary, for the real loan purpose, no matter what kind of payment method is adopted, the process will be simple and easy, and at the same time, it will also play a positive role in promoting the borrower's financial management.