Ping An Bank issued a notice on the management of transaction limit of real estate merchants, saying that it has recently upgraded the risk control of some types of transactions. When trading with domestic real estate merchants, the monthly (natural month) RMB trading limit of their credit cards is adjusted from 30,000 yuan (inclusive) to 6,543.38+0,000 yuan (inclusive), and the accumulated limit for the whole year (natural year) remains unchanged. Foreign real estate transactions are not allowed.
In September last year, Ping An Bank lowered the credit card consumption quota of real estate merchants. When trading in domestic real estate merchants, the monthly (natural month) RMB transaction amount shall not exceed 30,000 yuan, and the accumulated amount for the whole year (natural year) shall not exceed 654.38+10,000 yuan.
It's not just Ping An Bank's credit card that reduced the quota of real estate merchants twice in less than a year. In April, the Agricultural Bank announced that according to the requirements of the regulatory authorities, the transactions of credit cards in some types of merchants were controlled, and domestic real estate merchants used credit cards (merchant category codes are 1520, 70 13, 65 13, 177 1 70). The daily cumulative transaction amount shall not exceed 30,000 yuan, the monthly cumulative transaction amount shall not exceed 654.38+10,000 yuan, the quarterly cumulative transaction amount shall not exceed 654.38+10,000 yuan, the semi-annual cumulative transaction amount shall not exceed 200,000 yuan, and the annual cumulative transaction amount shall not exceed 200,000 yuan.
In addition, the single transaction amount of ABC credit card in overseas real estate merchants (merchant category codes are 1520, 70 13, 65 13, 177 1 70 12) shall not exceed 450.
This is also the second time that ABC has adjusted the credit card consumption quota of real estate merchants within one year. Previously, in August last year, the Agricultural Bank of China issued a notice saying that the daily cumulative transaction amount of credit cards in real estate merchants (merchant category codes are 1520, 70 13) should not exceed 50,000 yuan, the monthly cumulative transaction amount should not exceed 654.38+10,000 yuan, and the quarterly cumulative transaction amount should not exceed 13 yuan. At the same time, the transaction of ABC credit card in real estate merchants is not allowed to handle consumption installment and bill installment.
It is worth mentioning that compared with the two announcements made by the Agricultural Bank of China in August last year and April this year, the category of restricted merchants has also expanded, and the category code of restricted real estate merchants has increased from 2 to 5.
Control is getting stricter and stricter.
Not only is the amount reduced, but banks also take control measures such as early settlement and suspension of payment in non-consumption areas, including buying houses and swiping cards, according to regulatory regulations.
Minsheng Bank previously issued an announcement on further clarifying the use of credit card funds, pointing out that the overdraft limit of the bank's credit card and the funds obtained through cash advance (including cash withdrawal, cash transfer, cash installment, etc.) can only be used for reasonable consumption of individuals or families, and may not be used for non-consumption areas such as production and operation, investment (including but not limited to house purchase, securities investment, wealth management and other equity investments). In the case that customers use credit card funds for non-consumption areas, Minsheng Bank will take control measures such as early settlement, reduction of quota and suspension of payment according to regulatory requirements.
Market participants said that some people took a fancy to the "overdraft" function of bank credit cards, which is one of the reasons why the credit card transaction limit is controlled at present, especially the phenomenon that one person overdraws many times.
The regulatory authorities are increasingly strict in controlling the inflow of credit funds into the real estate market. At the annual meeting of the Financial Street Forum on May 28th, Li, director of the Innovation Department of the China Banking Regulatory Commission, introduced the current focus of banking supervision, and mentioned that it is necessary to prevent the excessive growth of residents' leverage ratio and strictly investigate the misappropriation of consumer loan funds and illegal overdraft of credit cards.
Since the beginning of this year, many banks have been punished by supervision because credit funds have flowed into the real estate market. Zhengzhou Branch of Zhongyuan Bank Co., Ltd. misappropriated the personal comprehensive consumer loan for the down payment of house purchase, illegally issued false mortgage loans to borrowers, and investigated and dealt with dereliction of duty and inflated deposits. He was fined 900,000 yuan by Henan Banking Regulatory Bureau.
The illegal inflow of credit funds into the real estate market has become the focus of Xiamen Bank's punishment. Xiamen Branch of Agricultural Bank of China was fined 350,000 yuan by Xiamen Banking Regulatory Bureau for misappropriating personal consumption and business loan funds, Xiamen Branch of Ping An Bank was fined 250,000 yuan for failing to control the use of some personal non-mortgage credit funds and illegally flowing into the real estate market, and Xiamen Branch of CITIC Bank was fined 250,000 yuan for illegally misappropriating some personal loan funds and flowing into the real estate market. Xiamen Banking Regulatory Bureau is also directly responsible for the senior managers and other direct managers of these branches.