Cai Jing Wang·2025-08-03 05:47Core Viewpoint - A major state-owned bank in China, specifically the Bank of China, is piloting a new policy to include litigation fees related to overdue credit card payments in the account statements of affected credit card holders, set to take effect on September 14, 2025 [1] Group 1: Policy Implementation - The Bank of China plans to incorporate various litigation-related fees into the credit card bills of cardholders who have overdue payments, which may include over ten types of fees such as litigation fees, arbitration fees, property preservation fees, travel expenses, execution fees, evaluation fees, auction fees, notarization fees, delivery fees, announcement fees, and attorney fees [1] - The bank will charge these fees based on judicial or arbitration decisions, either individually or as a total sum when multiple fees are involved [1] - Interest and penalties will not be applied to these fees [1] Group 2: Pilot Program - The implementation will initially take place in Shanghai as a pilot program before being gradually expanded to other regions [1]