Hello, let's talk about the Transport Bank's Benevolent People's Loan, a generous personal consumer credit product, because its application process is easy and fast and is well received by the public. So, may you ask, can the loan funds in this product be transferred to someone else

Can we transfer the money to someone else

In practice, ex gratia funds cannot be transferred directly to others. However, once these loans are disbursed to your special account, you can cash them and then transfer them to a bank account with a different name or person. Please note, however, that the transfer function of the EMF supports only the cards of some banks and may therefore fail. If you simply wish to transfer the loan money to another person, you can choose to apply for another type of loan. Once the loan has reached your bank card, you are free to transfer it。

Besides, you might wonder if I could pay off my credit card with a good loan. The answer is no. It would be inappropriate for us to repay the bank's credit card by using it as a consumer loan product of the transport bank. If banks find out that clients use loan funds to repay credit cards, they may result in the freezing of credit cards, loans may also be suspended and banks may require users to repay all loans immediately。

This is the basic information about the Transport Bank's Benevolent Loan. It is hoped that this information will help to better understand products and make sound decisions about their financial needs. Thanks for reading。