How does Industrial Bank get the money for flash loans? Where is the money?

Xingshan loan is a loan from Industrial Bank, which belongs to personal consumption loan. Refers to the personal consumption RMB loan issued by Industrial Bank to borrowers with good credit, and customers can help themselves online all the time without providing guarantee. After the loan is successful, the lender needs to take out the money before using it.

How does Industrial Bank obtain funds from flash loans?

Hold the debit card of Industrial Bank, log in to WeChat Bank and mobile banking, and you can realize self-help lending before and after lending. Customers who don't have Industrial Bank cards can apply for Industrial Bank customer numbers first, and apply for Xingshan loans by binding debit cards from other banks. After approval, they need to open a tier-one account at any outlet of Industrial Bank, and enable Xingshan Loan within the validity period of quota activation.

When handling the loan transaction of consumer flash loan through mobile banking, WeChat banking and other channels, the system will automatically check whether a special loan account has been opened in the debit card. If not, the customer will be prompted to open a special loan account first. After opening an account successfully, we will continue to apply for a loan for consumer flash loan. After the loan is successful, the loan funds will be distributed to the loan account in the debit card.

Industrial Bank will receive the bank's prompt information after the loan is issued successfully. Lenders can query the transaction details of loan accounts through the mobile banking account query function. When querying, he can select Credit Card-Transaction Details-Filter More-and switch the account in the card to the loan account to query the transaction details of the loan account.

Xingshan loan customer:

Customers who received the invitation SMS1;

2 The branch conducts data cooperation with local provident fund, tax bureau and social security (medical insurance) center, and inquires personal provident fund, individual tax or medical insurance information in real time under the authorization of customers through the entrance of mobile banking for pre-approval. The specific opening cities and corresponding channels shall be subject to the display of mobile banking.

When Industrial Bank applied for Xingshan loan, the bank mainly looked at the applicant's repayment ability and personal credit information. If the quota comes down but can't be taken out, it is recommended to consult the staff of Industrial Bank in time.