Joke Collection Website - Blessing messages - What do you mean by bank batch payment?

What do you mean by bank batch payment?

Bank batch payment means that the bank receives multiple funds at the same time. At the same time, it may also refer to the bulk withholding business of the banking system in banking business. If the user participates in multiple financial management projects of the bank, multiple payments will be returned.

Batch payment means that the user has participated in more than one financial management project before, but the payment time is the same, so when multiple projects pay at the same time, the bank will notify the user of batch payment by SMS. Batch payment transaction means that the Head Office uses the system to deduct money in batches, and directly deducts the money in the card according to the password without the presence of users, such as withholding water, electricity and coal, binding transfer, automatic repayment by credit card, etc. This will happen.

Do you still need to repay after receiving the batch payment from the bank?

You don't need to pay back the money in installments after using the bank. When you receive a message from the bank prompting a batch payment transaction, the money inside is your own, not borrowed money, and you can use it at will without repayment.