How to Handle ETC for Mortgaged Vehicles?
1 Answers
Mortgaged vehicles can normally apply for ETC without any additional proof, just bring the vehicle registration certificate. Below are the specific details about ETC: 1. Principle of ETC: ETC (Electronic Toll Collection) utilizes microwave-dedicated short-range communication between the onboard electronic tag installed on the vehicle's windshield and the microwave antenna at the ETC lane of toll stations. It employs computer networking technology to process backend settlements with banks, thereby achieving the purpose of paying tolls without stopping at highway or bridge toll stations. 2. Function of ETC: The ETC non-stop toll collection system is currently the most advanced highway and bridge toll collection method in the world. ETC dedicated lanes are designed for vehicles equipped with ETC onboard units, enabling fast and seamless passage through highway toll stations via electronic payment.