Mortgage Plan false billing issues

Mortgage Plan false billing issues, found that 45 million U.S. dollars in 1201 3
Bank of China Limited on August 30 announced that it has been falsely accused of the bank's floating rate mortgage loan to repay part of the money. False claims totaling 1201 box about 345 million. Difference is too much to charge for returns, but a short payment request does not ask the customer to be underestimated.

According to the bank, there is an immigration program to reflect the variable rate mortgage loans, the wrong payment schedule (July to 12 minutes of the repayment amount) sent to the customer. 1201 result could have been more than 7-8 minutes a month, has been paid or the following requirements. 24,890,205 U.S. dollars more than a collection of 633 cases, according to the total bill is 568 U.S. dollars 58,420,140. About 4.2 percent of the affected mortgage contract. Error rate of application.

The bank's variable rate mortgage products, but review every 5 years to repay the amount, there is migration of data in April were revised error rate faster than the original repayment period under review. Error was found the fi