Wuhan Bank of China’s business transfer to public business is very slow

The reasons are as follows:

The length of time it takes for Wuhan commercial loans to be converted into provident funds depends on the efficiency of the lending bank. The process is as follows. First, submit the information about converting commercial loans to provident funds to the lending bank. The provident fund management center system conducts the review, which generally takes 5-7 working days. After the review is passed, the bank will notify the customer to go to Wuhan Credit Guarantee Company to issue a letter of guarantee. The customer must submit the letter of guarantee to the bank as soon as possible after issuing the letter of guarantee.

At the same time, deposit the balance of the commercial loan into your commercial loan repayment card, and then wait for the Provident Fund Center to release the loan. Normally, this process takes 3-5 working days. Now the provident fund is tight and you need to queue up. The specific time is Subject to queueing.