What is ICBC Mobile Banking?

Mobile banking refers to banking services provided through mobile communication networks and terminals. To put it simply, mobile banking can be used to do banking on your mobile phone. Users can handle a variety of financial services anytime and anywhere, which greatly enriches the connotation of banking services and enables banks to provide customers with traditional and innovative services in a convenient, efficient and safe manner.

Extended information:

Mobile banking refers to a channel model in which banks use smartphones as a carrier to enable customers to use banking services on the terminal. With the advancement of communication and Internet technology, the business functions of mobile banking are constantly updated and improved. It refers to the use of mobile phones and other mobile devices to connect customers with banks, handle related banking services or provide financial services to customers. Mobile phone is not only a product, but also a channel, which belongs to the category of electronic banking.

It is a brand-new business product that connects customers’ mobile phones with banks through mobile communication networks, and directly completes various financial services such as account inquiries and transfers through mobile phone interfaces, that is, banks use mobile phones as the carrier , relying on the mobile GSM wireless network, using mobile SMS resources to send text messages through the mobile phone to operate bank accounts, thereby realizing the "financial management" and "electronic wallet" functions of the mobile phone.

To put it simply, mobile banking is the abbreviation for using mobile phones to conduct banking-related services. It is a channel for banks to achieve electronicization and a new service model that combines electronic money and mobile communication services.

Mobile banking, also known as mobile banking, refers to the use of mobile phones, pads and other mobile devices to connect customers and banks, handle related banking services or provide financial services to customers. Mobile phone is not only a product, but also a channel, which belongs to the category of electronic banking.

Theoretically, in addition to cash services, all bank counter services can be moved to mobile banking. The functions of mobile banking are divided into standard functions and extended functions. Inquiries, transfers, remittances, payments and temporary loss reports are standard functions. Extended functions are functions such as fund management, commercial payment, and online shopping developed on the basis of standard functions. The provision of extended functions is inseparable from the backend support of the bank. These expansion functions of small and medium-sized banks are generally weak, lagging far behind state-owned banks and national joint-stock commercial banks.

Among domestic banks, those that have launched mobile banking include ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and other large banks, national joint-stock commercial banks, some city commercial banks, rural commercial banks, as well as a few rural cooperative banks, New rural financial institutions and rural credit cooperatives. The mobile banking of regional banks is basically the mobile banking of online banks. Featured mobile banks related to China's rural finance include cardless cash withdrawals, small loans for farmers, address remittances and mobile banking.