New Batch Deduction Function of Non-tax Income Settlement Business for Schools

Non-tax income settlement business is an important financial agent business of Bank of Beijing. In order to ensure the smooth promotion of this business for school customers, recently Bank of Beijing developed batch deduction function for schools non-tax business. For this business, Bank of Beijing opens debit card for students.

When collecting tuition, schools transmit the student information to the Bank, and the Bank s host machine will conduct automatic settlement. Up to now, there are three service modes for the schools non-tax income settlement in Bank of Beijing: single payment, centralized payment and batch payment.