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Relying on a stable operation system, tight process control and rich experience, ICBC can provide safe, efficient and convenient management services for the budget units at different levels on fiscal income and expense.
ICBC, following the requirements of the national treasury, provide management services for the budget units at different levels on fiscal income and expense.
Since ICBC started this service in 2002, it has become one of the first commercial banks to conduct centralized payment on behalf of national treasury in China's fiscal reform history.
ICBC, as the sole agency, conduct payment of the special funds of the National Department of Defense, payment of the salaries of civil servants at the Central State Organs, payment of the retirement pension of the civil servants at the Central State Organs, and payment of the salaries of the staff at the retired cadre management institution.
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