One embarrassing thing a lot of people may encounter is to forget to bring the wallet when going out for shopping or buying things. The next time you forget again, try the latest "cardless cash advance" service of ICBC if you have your mobile phone with you. Earlier, ICBC launched this new mobile phone service across the country for mobile users to schedule cash withdrawals. Customers logon ICBC Mobile Banking and apply for the service to "schedule cash advance". By just using the mobile No., schedule code and the temporary password sent by ICBC, you can draw cash without bank card from any ICBC ATM.

An ICBC executive explained, customers who wish to arrange a date for drawing cash by mobile phone can logon ICBC Mobile Banking first. Choose "Schedule cash advance", follow the instructions to reserve a "Schedule code", confirm the date/time of the schedule, enter an amount, specify an account for taking the cash, and use the code card or e-password device for authentication. Customers will then receive a SMS with the temporary password sent from 95588. After that, customers can go to the nearest ICBC ATM to draw the cash within the validity period set by themselves, just enter the mobile No., the reserved "Schedule code" and the temporary password sent by ICBC. Currently under this new service, the limit for one cash advance and the daily cash advance limit are RMB 1000 and RMB 5000 respectively.

The ICBC executive said, to protect the amount in customers' account, the account scheduled for cash withdrawal via Mobile Banking must be a debit card account. Moreover, the debit card must be added under Mobile Banking at the ICBC outlet with the permission for external payment, not a debit card added under Mobile Banking through self-service.