The Internet Banking Payment System is part of a newly established 2nd generation payment system developed by the People’s Bank of China following its large and small-amount cash payment system. This new system is able to connect the online banking systems of various commercial banks. The biggest breakthrough of this system is inter-bank account enquiry. Intra-city and remote inter-bank transfer payments between banks can be received instantly, including transfer from IB to other banks and from other banks to IB. The system provides “one-stop” enquiry which allows you to check the account balance and details of numerous accounts opened at different banks.
Newly added functions in IB’s online banking include: real-time inter-bank transfer, transfer from other bank to IB, enquire balance of accounts from other banks, account contracting application and cancellation, credit card inter-bank cash advance and real-time agent collection, etc..
initiate a real-time inter-bank transfer through IB’s personal internet banking service. Transfer IB account funds to accounts at other banks in real time 24 hours.
transfer the funds from a contracted account in another bank to an IB account in real time 24 hours.
view the balance and details of contracted debit and credit card accounts at other banks.
apply to sign an agreement for transfer from another bank to IB or to check the information of an account at another bank through IB’s personal internet bank. Signed contracts can be cancelled.
the cash advance limit in your credit card or cash in your credit card account can be transferred to an account at another bank immediately through credit card internet banking, meeting your cash needs at any hour.
check the balance and details of contracted debit and credit card accounts at other banks through IB’s credit card internet banking service. This 24 hours one-stop service allows you to keep up to date on your finances.
sign agreement to check account details of accounts at other banks through IB’s credit card internet banking. Successful contracted agreements can be viewed and cancelled online.
collect funds from contracted accounts at other banks in real time through IB’s corporate internet banking service. Transfer funds from accounts at other banks to IB's accounts 24 hours in real time.
tcheck balance and details of contracted accounts in other banks through IB’s corporate internet banking service.
Please refer to “Charges Table” on the homepage for fees for real-time inter-bank transfers. There are currently no charges for transfers from other banks to IB and enquiry of account information from other banks.
Please refer to the charges for IB's credit card cash advances for inter-bank cash advances. There are currently no charges for checking account information for accounts at other banks.
no fees are charged for real-time collection and for checking account information for accounts at other banks at present.
The limit for a single transaction in real-time inter-bank transfer, transfer from another bank to IB, inter-bank cash advance and real-time collection is RMB 50,000 (including RMB 50,000).
Operation procedure for inter-bank account management in personal internet banking
Operation procedure for inter-bank cash advance and enquiry of accounts at other banks in credit card internet banking
Users’ guide to inter-bank account management functions in corporate internet banking