Can the money inside be withdrawn after canceling ETC?
3 Answers
After canceling ETC, the money inside can be withdrawn. The process and precautions for canceling the contract and withdrawing the money are as follows: Process for canceling the contract and withdrawing the money: Bring the vehicle owner's ID card, vehicle license, ETC card, and OBU device to the original ETC service center to apply for removal. Then, with the removal certificate issued by the ETC service center, go to the bank where the agreement was signed to cancel the contract. After cancellation, the remaining funds in the ETC card will be refunded to the vehicle owner within 45 days. Precautions for canceling the contract: If you are a recharge user who signed the contract directly with the ETC service center and not with the bank, you can directly go to the ETC service center to cancel and then sign a new contract with the bank or use the original account for vehicle replacement.
I just canceled my ETC because I changed cars and no longer needed it. After canceling, I went to the bank to ask about the remaining balance, and they said the full amount could be withdrawn. The process was simple: I brought my ID and cancellation proof to the issuing bank's counter, they checked my ETC account and found over 200 yuan in deposits, which was directly transferred to my savings card. It took about two or three days for the money to arrive. The whole process was free, but a bit time-consuming due to queuing and form-filling. I found it quite straightforward, but I’d remind everyone to check their balance via the ETC app or SMS before canceling to avoid leaving too much money and making multiple trips. The service is reliable and formal—no need to worry about losing money, as the bank handles everything clearly.
When the ETC system is canceled, the money inside can be withdrawn, which involves bank account binding. When registering for ETC, the money is not stored on the card but is linked to your dedicated account. After cancellation, the account remains in the bank system, and the balance can be applied for a refund. You need to contact the issuing institution, provide cancellation proof and identity information; after verification, the bank will transfer the money back to your main account. Some banks support online banking operations, eliminating the need for in-person visits. The entire process is safe and risk-free, but the time varies by bank—some can complete it the next day, while others may take about a week. I recommend contacting customer service in advance to inquire about the refund method to save time.
