It takes about 5 to 7 working days to place the payment.

Loans refer to monetary funds provided by financial institutions such as national commercial banks to borrowers to repay principal and interest at an agreed interest rate and period.

In terms of accounting treatment, corporate loans can be accounted for through the "short-term borrowing" or "long-term borrowing" account according to the length of the loan period, and the loan interest is accounted for under the "interest payable" account.