Transfer limits vary depending on the bank.
The specific limits are as follows:
1. Industrial and Commercial Bank of China: The single transfer limit is 500,000 yuan, and the daily cumulative transfer limit is 1 million yuan.
2. China Construction Bank: single transfer limit 500,000, daily cumulative transfer limit 500,000
3. Bank of China: single transfer limit 500,000, daily cumulative transfer limit 500,000
4. Bank of Communications: single transfer limit 200,000, daily cumulative transfer limit 200,000
5. Agricultural Bank of China: single transfer limit 50,000, daily cumulative transfer limit 50,000
6. China Merchants Bank: single transfer limit 200,000, daily cumulative transfer limit 200,000
7. Savings Bank: single transfer limit 200,000, daily cumulative transfer limit 200,000
8. Minsheng Bank: The single transfer limit is RMB 200,000 for ordinary transactions and RMB 5 million for large amounts. The daily cumulative transfer limit is RMB 200,000 for ordinary transactions and RMB 5 million for large amounts.
9. Ping An Bank: Single transfer limit The single transfer limit is 50,000, and the daily cumulative transfer limit is 40 million
10. Shanghai Pudong Development Bank: the single transfer limit is 50,000, and the daily cumulative transfer limit is 50,000
Extended information:
Mobile Banking Service, also known as mobile banking, is the abbreviation for using mobile communication networks and terminals to handle related banking services. As a new service that combines electronic currency and mobile communications, mobile banking not only allows people to handle a variety of financial services at any time and anywhere, but also greatly enriches the connotation of banking services, enabling banks to facilitate and Provide traditional and innovative services to customers in an efficient and safer way.
1. Charging standards
1. Industrial and Commercial Bank of China: Charge 0.2 yuan/text or 0.3 yuan/text based on the number of text messages sent. Long-distance remittances are charged according to the over-the-counter personal remittance charging standards, which is 1% of the single remittance amount, with a minimum of 1 yuan and a maximum of 50 yuan. The handling fee is 20% off for remittances[6].
2. China Construction Bank: long-distance transfers (remittances), inter-bank transfers, and transfers to enterprises. As of December 31, 2010, these three types of transfers enjoy a 0.15% handling fee discount, with a minimum of 1 yuan and a maximum of 15 Yuan.
3. China Merchants Bank: By the end of 2015, all handling fees for transfers and remittances nationwide will be waived for mobile banking transfers and remittances (excluding transfers from agreement accounts).
4. Everbright Bank: Transfers from our bank or your own account are free within the same city. A handling fee of 0.5% of the transaction amount (minimum 2 yuan, maximum 20 yuan) will be charged in other places. A handling fee of 0.5% of the transaction amount (minimum 5 yuan, maximum 50 yuan) is charged for inter-bank remittances within the same city and different places.
5. Bank of Communications: 6 yuan/month mobile phone service fee (always free), 0.15% for non-local and other banks in the same city (50% off), 0.3% for cross-banks in different places (50% off) discount), the minimum is 1 yuan and the maximum is 15 yuan.
6. Agricultural Bank of China: SMS service fee is 2 yuan/month. Daily transactions for domestic transfers and remittances with all banks are up to 50,000 yuan, with no handling fees.
7. Minsheng Bank: All free.
8. Five major banks join forces to waive handling fees for transfers and remittances
On February 25, 2016, China’s five major state-owned commercial banks: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and Construction Bank , Bank of Communications jointly held a signing ceremony in Beijing on the 25th. The five major banks have promised to waive handling fees for domestic RMB transfers and remittances handled by customers through mobile banking, and to waive handling fees for domestic RMB online banking transfers and remittances of less than RMB 5,000 to reduce customer expenses.
2. Features and advantages
1. Wide range of services and easy application
As long as your mobile phone can send and receive text messages, you can easily enjoy all the features of mobile banking. service. You can register for mobile banking on your own through the ICBC China website, or you can register at an ICBC branch. The procedure is simple.
2. Rich functions, convenient and flexible
Send text messages through your mobile phone to use eight categories of services including account inquiry, transfer and remittance, donation, bill payment and consumer payment. Moreover, when mobile banking provides more updated service functions, you can automatically enjoy various new services and functions without changing your mobile phone or SIM card.
The mobile banking transaction code is composed of the first letter of the Chinese pinyin of the transaction name, which is convenient for memory. You can also send a text message "?" at any time to inquire about the use of various functions.
3. Safe, reliable, and multiple guarantees
The bank uses a variety of methods to protect the safety of your funds. First, the information transmission and processing of mobile banking (SMS) adopts internationally recognized encrypted transmission methods to achieve safe data transmission and processing between mobile communication companies and banks to prevent data from being stolen or destroyed; second, customers use mobile banking (SMS) to ) There are strict limits on the amount of external transfers; third, the customer's designated mobile phone number is bound to the bank account and a dedicated payment password is set.
4. 7×24-hour service, real-time arrival of funds
No matter where you are at any time, as long as you can send and receive text messages, you can immediately enjoy ICBC Mobile Banking (SMS) 7 ×24-hour all-weather service, transfers and remittances are instantly received, bill payments and consumer payments are completed in real time, everything is at your fingertips.
Reference materials: Baidu Encyclopedia-Mobile Banking? Baidu Encyclopedia-Transfer Limit