Can I withdraw cash with the Bank of China Youke Installment Debit Card?

How to withdraw cash from Bank of China Youke Installment

When using Bank of China Youke Installment, you can directly transfer money to a debit card for use or directly pay to a designated transaction partner. As for whether you can withdraw cash, the official There is no clear explanation, but some netizens found that using the Youke installment card cannot withdraw cash from ATM machines. BOC Youke Installment is a consumer installment business launched for high-quality customers.

After applying for Bank of China Youke Installment, you can get a credit limit. The user can transfer the limit to the issued Youke Installment debit card or credit card, and then you can use the card to make purchases. There are many consumption scenarios supported, and you can choose different periods for repayment after consumption.

BOC Youke installment application is targeted at people with large consumption needs such as travel, study abroad, decoration, marriage and pregnancy. When applying, you need to have good income and good personal credit. It is a pure credit , mortgage-free and guarantee-free borrowing projects, users can use them according to their own needs.

It is best to think about the repayment plan in advance before using it to avoid overdue repayment. Penalties will be generated after the due date and the overdue record will be uploaded to the credit report center. After the personal credit report becomes bad, It is difficult to apply for various loans again, so you must repay on time after using Bank of China Youke installment plan. Can I withdraw cash with the Bank of China Youke Installment Debit Card?

The Bank of China Youke Installment Debit Card cannot be used to withdraw cash, and the limit can only be used for credit card (credit card) consumption at POS machines, and online shopping bound to WeChat and Alipay. In addition, the Bank of China limits the types of credit card (debit card) POS machines that can only be used in daily consumption areas, such as home decoration, travel, supermarket shopping, catering, studying abroad, training, weddings, etc.

If you want to withdraw cash from the Bank of China Youke installment debit card, you can only negotiate with a credit card (debit card) merchant and pay a certain handling fee to withdraw cash. However, withdrawing cash is illegal and illegal. , once discovered, the consequences will be serious. How can I use the Bank of China's Youke Installment Debit Card?

The Youke Installment Debit Card cannot withdraw cash or transfer funds, and can only be used for ordinary card consumption at a limited range of merchants. Based on your description, the cause of the error cannot be determined at the moment. We recommend that you call the Bank of China customer service hotline 95566 for enquiry.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses. How to withdraw money from Bank of China's Youke Installment Debit Card

You can only swipe the card successfully at the POS machine with the card, and only at designated merchant types.

The use of the Youke installment debit card is different. Although there is a Youke installment limit in it, it cannot be taken out through an ATM machine, nor can it be bound to Alipay, WeChat and other channels for transfer and consumption. Known designated merchants include: department stores, supermarkets, building materials and home furnishings, high-star hotels, high-end restaurants and other consumer merchants. Other types of POS machines cannot be used.

1. Company Profile

The Bank of China was established in Shanghai in 1912 with the approval of Dr. Sun Yat-sen. It is one of the oldest banks in China. From 1912 to 1928, the Bank of China performed the functions of the central bank and was responsible for acting as an agent for the national treasury, accepting remittances of public funds, and issuing banknotes.

From 1928 to 1942, the Bank of China, as an international exchange bank chartered by the government, actively drew on advanced international experience to reform management mechanisms, and took the lead in the Chinese financial industry to enter the international market. It successively established banks in London, Singapore, New York and other international financial institutions. A branch was established in the center. From 1942 to 1949, the Bank of China, as a professional bank for international trade, was responsible for the government's collection and payment of foreign funds, developing foreign trade and handling related loans and investments.

After 1949, Bank of China has long been a national foreign exchange and foreign trade professional bank, unified management of national foreign exchange, international trade settlement, overseas remittances and other non-trade foreign exchange businesses, and strong support for foreign trade development and economic construction. Since the reform and opening up, the Bank of China has firmly seized the historical opportunity for the country to use foreign funds and advanced technology to accelerate economic construction, fully leveraged its unique advantages in long-term foreign exchange business, and became the main channel for the country to utilize foreign investment.

2. Company Logo

The Bank of China logo was officially used in 1986 with the approval of the Bank of China Head Office. The bank logo was designed by Mr. Jin Daiqiang, a famous Hong Kong designer. It uses ancient Chinese coins and the word "中" as the basic shape. The ancient coin graphics are a circle and shaped frame design, with a square hole in the middle and vertical lines above and below, forming a " The shape of the word "中" means that the sky is square and the earth is round, and economy is the basis. It gives people the feeling of simplicity, stability, easy recognition, profound meaning, and quite Chinese style.