About IB

Industrial Bank Retail Service Price List

Business category No.          Service item Charging rates Incentives Services Remarks
Account Settlement Service 010101 Handling charge for deposit  UnionPay and other card association ATM inter-bank deposit/ “UnionPay Counter Pass” Inter-bank Deposit: Each transaction will be charged at the rate of 0.1% of the deposit amount. Not less than RMB 3 but not more than RMB 50 each transaction. “UnionPay Counter Pass” Inter-bank Withdrawal:
1. The fee for the UnionPay Counter Pass debit card withdrawal business of a Ningbo Branch’s customer is exempted, which is valid from August 1, 2018 to June 30, 2022.
2. The fee for the UnionPay Counter Pass debit card withdrawal business of a Hangzhou Branch’s customer is exempted, which is valid from May 13, 2019 to June 30, 2022.
UnionPay and other card association ATM inter-bank deposit:provide IB debit card users with inter-bank deposit service at UnionPay and other card association labeled ATMs of other banks, subject to announcements of other banks.UnionPay Counter Pass inter-bank deposit: provide IB debit card users with inter-bank deposit service at counters of member outlets which jointed UnionPay Counter Pass program via UnionPay network. At present, UnionPay Counter Pass service is available in Shanghai, Tianjin, Jiangsu, Zhejiang, Henan, Shandong (excluding Qingdao), Liaoning (excluding Dalian), Heilongjiang, subject to the latest announcements of other banks.
It will be charged according to the service price standard from October 1, 2021
010102 Handling charge for inter-bank transfer Non-local common inter-bank transfer via electronic channels/real-time inter-bank transfer via electronic channels:
Transfer amount of less than RMB 2,000 (including RMB 2,000), RMB 2 per transaction;
Transfer amount of RMB 2,000 to RMB 5,000 (including RMB 5,000), RMB 5 per transaction;
Transfer amount of RMB 5,000 to 10,000 (including RMB 10,000), RMB 10 per transaction;
Transfer amount of 10,000 to 50,000 (including RMB 50,000), RMB 15 per transaction;
0.03% of the transferred amount for transfer amount more than RMB 50,000, maximum RMB 50 per transaction.

UnionPay and other card association self-service channels Inter-bank transfer/UnionPay Counter Pass inter-bank transfer/Farmer assisting transfer/Farmer assisting cash remittance: not matter local or non-local, the first transaction of each month is free of charge, and the second transaction starts with a handling charge of RMB 4 per transaction

Handling charge for inter-bank transfer through Credit Card Cash installment: RMB 20 per  transaction
1. Individual customers who conduct RMB domestic transfer and remittance via IB electronic channels (including internet banking, mobile banking app and WeChat banking) may enjoy exemption not matter the amount, local or non-local, intra-bank or inter-bank.

2. “UnionPay Counter Pass” Inter-bank Transfer: The fee for the UnionPay Counter Pass debit card inter-bank transfer business of a Hangzhou Branch’s customer is exempted, which is valid from May 13, 2019 to June 30, 2022;

3. The fee for IB military support debit card inter-bank transfer is exempted, which is valid from June 1, 2019 to June 30, 2022.

4. The fee for first 10 domestic ATM inter-bank transfers of financial social security card customers per month are exempted, which is valid from April 1, 2021 to June 30, 2022.

5. UnionPay and other card association self-service channels Inter-bank transfer/UnionPay Counter Pass inter-bank transfer/Farmer assisting transfer/Farmer assisting cash remittance: diamond, black gold and platinum customers are free for the first 3 transactions per card per month, and gold card customers have a 50% discount for the 2-3 transactions per card per month, which is valid from January 1, 2021 to June 30, 2022.

6. UnionPay Internet channel transfer is exempted, which is valid from January 1, 2021 to June 30, 2022.
"1. Non-local common inter-bank transfer via electronic channels:  To transfer the money of a personal customer from its IB account (excluding credit card) into an account of another bank (only non-local) via electronic channels;
2. Real-time inter-bank transfer via electronic channels:  It allows handling RMB transfer and remittance to an organization’s account or a personal account opened in another bank through the online payment inter-bank settlement system of the People’s Bank of China (super internet banking), and after completing the operation, the funds will be remitted to the receiving account instantly;
3. Inter-bank transfer via UnionPay ATM (local/non-local transfer): To provide debit card customers of IB with the service of handling local/non-local inter-bank transfer via the ATM of IB or another bank with the symbol of “UnionPay” at home.
4. UnionPay and other card association Counter Pass inter-bank transfer (local and non-local): provide IB debit card users with inter-bank transfer service at counters of member outlets which jointed UnionPay Counter Pass program via UnionPay and other card association network.
5. Inter-bank transfer of cash installment:  It refers to the service that the bank transfers into the savings settlement account of another bank the cash withdrawn with the cash installment service offered to a credit card customer of the bank.
6. Farmer assisting transfer: It refers to the service that the UnionPay acquirer institutions set up bank card handling terminal in designated cooperative service points (hereinafter referred to as “farmer assisting points”) in towns and villages, and transfer the fund from the debit card of remitter of IB to designated UnionPay account; Farmer assisting cash remittance means the service that the farmer assisting points collect small account of cash from remitter, deduct the account money of debit card account of IB in service point and transfer equal amount of fund into the UnionPay card account designated by remitter.
"The real-time inter-bank transfer via electronic channels refers to the transfer via super internet banking, which can be handled in the following channels: internet banking, mobile banking and telephone banking. The amount of single transfer should not exceed RMB 1,000,000.

At present, UnionPay Counter Pass service is available in Shanghai, Tianjin, Jiangsu, Zhejiang, Henan, Shandong (excluding Qingdao), Liaoning (excluding Dalian), Heilongjiang, subject to the latest announcements of other banks.

The daily UnionPay ATM inter-bank transfer (local and non-local) limit is RMB 50,000.

It will be charged according to the service price standard from October 1, 2021
010103 Overseas ATM Inquiry RMB 2 each transaction The diamond, niello and platinum customers may enjoy exemption for the first 3 transactions in each month, and  gold card users may enjoy 50% discount for the first 3 transactions in each month, which extends from October 1, 2016 to June 30, 2022. To provide debit card customers of IB with the service of handling inter-bank inquiry via the ATM of another bank with the symbol of “UnionPay” and other card association at abroad.
010104 Inter-bank electronic cash binding and recharge RMB 0.5 for each transaction Provides the service of recharging electronic cash account from debit card current account of IB bound for customers via UnionPay inter-bank channels.
Foreign Exchange Service 010301 Foreign currency holding certificate    RMB 10 each certificate The Universal Life debit card users may enjoy exemption, which extends fromAugust 1,2014 to June 30, 2022. (wherein, Universial wage card’s discount is available from the date of product launch until June 30, 2022). Relevant certification issued by the bank to the applicant for him or her to bring foreign currency.
010302 Clean bill for collection  It will be charged at the rate of 0.1% of the collection amount, not less than RMB 20 and not more than RMB 500 per transaction. Customers give the note to our bank and we, on behalf of the customers, remind the oversea payers for payment and collect the money denominated on the notes.
010303 Personal draft  It will be charged at the rate for outward remittance. At the request of the remitter, a sight draft drawn on a foreign agent shall be presented to the remitter, which shall be carried by the remitter or mailed out of the country and paid to the payee by the nominated drawee bank against the draft.
Agency Service 010401 Transfer handling charges for UnionPay fund subscription  RMB 2 will be charged for each transfer not more than RMB 5,000, RMB 3 for each transfer more than 5,000 but not more than 50,000, RMB 5 for each transfer more than 50,000 but not more than 100,000, and RMB 8 for each transfer more than 100,000. VIP customers may enjoy concession/exemption, i.e., the diamond, niello and platinum customers may enjoy exemption and gold card users may enjoy 50% discount, valid from August 1, 2014 to June 30, 2022. To provide debit card customers of IB with the funds remittance service to purchase funds under all cooperating fund companies in the UnionPay fund supermarket online directly by way of inter-bank transfer via the UnionPay internet banking system.
010402 Advance cashing business of treasury bond Charges at 1‰ of the principal advanced cashed; Advance cashing business of saving bonds (electronic) and savings bonds (certificate) is handled for clients according to regulations Charged according to the Ministry of Finance’s notice on the issuance of each national bond
Other services 010801 Safe Deposit Box service  1. Rent for safe deposit box: RMB 120-8000 each per year, different rates apply in different sizes and renting period and offers provided for VIP clients. The specific rates are determined by the branch operation and clients.
2. Rent for postponed return of safe deposit box: charged based on the actual days of postponed return and the rent standard.
3. Liquidated damage for safe deposit box: days of postponed return * (annual rent * 0.5%), or may be exempted by branch operations as per the actual condition.
4. Box breaking fee for safe deposit box: RMB 500-800 each break, the specific rates will be announced by each branch operation.
5. Lock-changing / key-making fee for safe deposit box: RMB 200-500 each time, the specific rates will be announced by each branch operation.
Offers for VIP clients are developed by each branch operation. Provide renting, lock changing, key remaking and box breaking services of safe deposit box.
010802 Personal deposit certificate  Time period certificate and time point certificate will both charged at the rate of RMB 20 each certificate 1. VIP customers may enjoy concession/exemption, i.e., the diamond, niello and platinum customers may enjoy exemption and gold card users may enjoy 50% discount;
2. No fees for a Universal Life debit card. 
The above preferential exemption extends from August 1, 2014 to June 30, 2022. (wherein, Universial wage card’s discount is available from the date of product launch until June 30, 2022).
To provide written document to the applicant with a view to certifying the personal deposits of the applicant in the bank.
010803 Handling charge for credit card installment service  1. Handling charge for credit card installment service
Charged by agreements.
Approximate converted annualized interest rate of service charge of credit card installment business (simple interest method): 0% - 18.25%. (The above benchmark ratio is the annualized internal rate of return calculated based on the cardholder's cash flow, and will be floated according to the customer's comprehensive situation, and there will be differences due to different situations like instalment products, bill intervals, actual number of days per month, early repayment, and partner merchants.)
2. Default payment for credit card installment prepayment
If the client applies to settle the installment in advance, the default payment for prepayment of credit card shall be charged according to the 3% of the remaining outstanding principal in the installment or the agreed pricing.
We provide service that allows clients to pay by a certain number of installments or repay our bank for the amount that our bank has advanced beforehand, including but not limited to cash installment, bill installment (including deferred repayment), consumption installment, auto installment, automobile installment, POS installment (store installment), gateway installment, fast installment, carport installment, decoration installment, deed tax installment, license plate installment, car surcharge installment, "Suixingfen" and other new installment business types, etc.
If the client applies to settle the installment in advance, the credit card will be charged for default payment in advance. 
It will be charged according to the service price standard from October 1, 2021
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