IB Pass is a payment and settlement based service for self-employed business owners provided by the Industrial Bank. The service is complemented by a comprehensive range of personal financial services such as personal loans, personal financing and VIP value-added services.

1. Main Financial Services

(1) Payment and Settlement

Providing self-employed business owners with personal payment and settlement services including payment collection, transfer, and credit card repayment. Compared with traditional POS, IB Pass features more functions, lower transaction fees and direct linkage to a personal wealth management card (without having to open a corporate account).

(2) Personal Business Loan

The Industrial Bank provides self-employed business owners with supporting personal business loans that are determined according to the trade that they are engaged in, the status of their business and transaction details.

(3) Other services including personal financing, witness business and VIP value-added services

Services mainly include personal financing services such as financial diagnosis, taxation planning, insurance planning and family finance planning; witness services such as credit certification, deposit certification, supervision of third party depository; and VIP value-added services such as golf, airport VIP treatment, medical care value-added services, free books and reduction and exemption of commission.

2. Features

(1) Instant receipt of funds and low commission

IB Pass provides self-employed business owners with “T+0” payment collection service in which funds are received instantly. This is much safer and faster than cash transactions. Commission for single transactions is capped, meaning that savings can be made over POS transactions.

(2) Easy to operate, safe and fast

IB Pass is operated using intelligent telephones. The client swipes their card and enters the correct password to conduct a transaction. A receipt will be printed out to confirm that the transaction has been successful. This is a simple and fast way of conducting transactions.

(3) Comprehensive services and special offers

In addition to one-stop financial services such as personal payment and settlement, personal business loans, personal financing and witness services, self-employed business owners will also have access to other special VIP offers.

Please call the Industrial Bank's Customer service hotline on 95561 for details.