"Non-cash" revenue to pay into a new regulation standardizing the China Insurance Regulatory Commission personal insurance sales

To put an end to "Pianbao" and misappropriation of funds, the China Insurance Regulatory Commission to require insurance companies to the use of non-cash payment received.

China Insurance Regulatory Commission yesterday released a "personal insurance business norms of basic services (the draft)", insurance companies should be made by bank transfer, and other non-cash charge of the new first phase of the single premium, customers take the initiative to local insurance companies to pay premiums or not With the exception of the transfer conditions; for the payment of cases, insurance companies should actively guide customers through bank transfers and other non-cash receipt.