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<CN Home>Beijing Launches Pilot Work on Withdrawal of Housing Provident Fund for Direct Rent Payments
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The Beijing Housing Provident Fund Management Center released a notice, which informed that it will cooperate with pilot housing rental agencies to launch the business model of “withdrawing housing provident fund to pay rent directly”, with immediate effect. Pursuant to the authorization and application of the depositor, the Center will transfer the housing provident fund that can be withdrawn by the depositor from his/her provident fund account directly to the designated account of the pilot housing rental agency for rent payment, thus realizing “one-time application, monthly payment, automatic payment and one-stop settlement”. AAStocks Financial News |
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