Can the money in ETC be refunded?
1 Answers
ETC funds can be refunded, and the ETC balance can be withdrawn by canceling the ETC. The following is a detailed introduction to ETC: 1. Definition: ETC is an Electronic Toll Collection system, and the ETC dedicated lane is for vehicles equipped with an ETC onboard unit, using electronic toll collection. 2. Tolling Principle: The ETC system is currently the most advanced road and bridge tolling method in the world. It uses microwave short-range communication between the onboard electronic tag installed on the vehicle's windshield and the microwave antenna in the ETC lane at the toll station, combined with computer networking technology for backend settlement processing with the bank, thereby allowing vehicles to pay tolls without stopping at road and bridge toll stations.