The Agricultural Bank of China has made every effort to prevent and control telecommunications network fraud.
The staff explained that the customer’s bank card in the video was not restricted on that day, indicating that this bank card is not commonly used. In this case, if the customer needs money urgently, he can go to the counter with his card. If the customer finds that the use of his bank card is restricted, he can go to the counter and provide relevant supporting documents to handle withdrawals.
Many banks have issued announcements to reduce non-counter business limits for some individual customers.
Some people say that they can usually transfer accounts worth hundreds of thousands, but suddenly they can only transfer up to 5,000; some netizens have bank cards with more than 1,000 yuan, regardless of transfer or payment; some people's credit cards have been deactivated, and the bank Requesting the restoration of regular value-added tax invoices; someone used a bank card that had been idle for a long time to recharge a mobile phone, only to find that 20 yuan had exceeded the limit.
Although the account limits vary, these customers will be notified by the bank of unusual transactions in their accounts. In order to prevent telecommunications fraud and protect the security of customer funds, relevant restrictive measures have been adopted.
Many banks have also issued announcements to reduce over-the-counter transaction limits for some individual customers.
Fujian Strait Bank will, starting from December 21, 2021, follow the adjusted transfer limit for RMB personal current deposits with an average daily balance of less than 1,000 yuan in 2021 and an account opening date of July 1, 2020. The settlement account handles over-the-counter transfers. Online banking channel: The daily cumulative limit is 4,000 yuan, and the annual cumulative limit is 1.2 million yuan. Third-party channels WeChat and Alipay: daily cumulative limit of 1,000 yuan.
On April 2 this year, the Agricultural Bank of China issued the "Announcement on Reducing the Transaction Limits of Some Customers' Online Financial Management Channels." The announcement stated, "Recently, telecom network fraud has occurred frequently. In order to ensure the safety of customer accounts and funds and implement regulatory requirements, our bank has successively adjusted the personal online banking and transfer limits of some customers."
Shanghai Branch of Shanghai Pudong Development Bank , Chengdu Branch, Changsha Branch and Fuzhou Branch also issued relevant announcements this year. These branches stated that in the near future, they will appropriately adjust the non-counter business limits of personal bank settlement accounts based on the basic information and account usage reserved by customers at the bank.
Chengdu Pufa Sub-branch stated that the limit for accounts that have not been used for a long time may be reduced, and the limit will be reduced to 1,000 yuan per day, while customers who previously independently opened counter transactions in mobile banking were 50,000 yuan per day.
According to announcements issued by these banks, the restricted business is "non-counter business." Simply put, it refers to services that are not handled at the bank counter, including but not limited to online banking, mobile banking, gateway payment, quick payment, point of sale (POS), self-service teller machine (ATM) and other services.
Carry out the "Card Disconnection Operation" and clean up 1.48 billion abnormal bank cards in a year.
Many people in the banking industry said that this is actually an action requirement to "cut off the card". On October 10, 2020, the State Council convened an inter-ministerial joint meeting on cracking down on new illegal crimes in telecommunications networks and decided to launch a nationwide "breakdown" campaign with the main content of cracking down, managing and punishing illegal and criminal gangs that operate and sell phone cards and bank cards. Card” action to clean up and rectify fraudulent phone cards, Internet of Things cards and related Internet accounts in accordance with the law. In the "card disconnection" operation, banks and payment institutions also need to clean up abnormal bank cards such as accounts that have been inactive for a long time, "one person has multiple cards", frequent loss reports, and card replacement.
In November last year, the central bank announced the results of the "card breaking" operation over the past year. In this "card breaking" operation, the central bank urged banks and payment institutions to clean up 1.48 billion abnormal bank cards such as long-term inactive accounts, "one person with multiple cards", frequent loss reports and replacement cards; it also guided commercial banks to establish fraud-related risk monitoring and interception models , "quickly monitor and promptly intercept" high-risk transactions involving fraud, and intercept 1 billion yuan of fraud-related funds in real time.
Restricted customers can bring their documents to branch F
First of all, the customer information reserved by the bank is incomplete. For example, the customer certificate has expired and the customer information is incomplete. The systems of many banks regularly screen out such customers and restrict non-counter business in batches. She reminded everyone that if you change your ID card, you must update your bank appointment information in time.
The mobile banking of most banks can be updated, or you can go to the bank counter to do it.
The second is that intraday trading triggers early warnings from bank risk control systems such as anti-money laundering and anti-fraud. In order to evade taxes, some merchants will use personal accounts and business accounts to pay off debts; some people keep using POS machines to cash out credit cards; others pay on Taobao or participate in online gambling and buy and sell virtual currencies. Once these illegal activities are identified by the system, they will definitely be restricted. After the system alerts, some banks directly restrict transactions with related accounts, and customers need to proactively contact the bank to learn about the situation. Banks with better services will proactively send SMS notifications to customers, and some bank staff will call customers to verify.
System recognition can also cause accidental damage. Ms. Li suggested that when receiving a verification call from the bank, you must actively cooperate and proactively provide identification documents, statement sheets, invoices and other proofs when necessary. At the same time, keep your bank cards safe and do not rent or lend them to others or participate in illegal activities.
The fourth situation is that my bank account is fine, but the counterparty's account is faulty. If you have transactions such as transfers with such accounts, you will also be implicated and restricted. This situation is relatively rare and often requires the cooperation of other departments to lift restrictions. Banks alone cannot solve it.
Most bank customers’ normal card use will not be affected.
Dong Ximiao, chief researcher of Zhaopin Finance and part-time researcher at the Institute of Finance of Fudan University, pointed out that dormant accounts or small accounts that have been idle for a long time may be used by telecom fraudsters, threatening users' financial security and information security. Transactions that are too frequent are considered non-compliant transactions. Except for specific users, many banks' limit policies are only targeted at areas where telecommunications fraud is rampant.
Dong Ximiao believes that under the current policy, the vast majority of bank users will not be affected by the limit adjustment, and users do not need to be overly anxious or over-interpreted.
Dong Ximiao also reminded cardholders to strengthen risk management of their accounts, promptly cancel bank cards that have not been used for a long time, and more importantly, do not lend, rent, or sell their bank accounts to prevent others from using their bank accounts. Bank cards engaged in illegal activities.
Su, a senior analyst in the financial industry of Analysys, believes that in recent years, telecom network fraud or theft of funds in the card through bank cards has occurred frequently, which has caused great harm to banks. Risk prevention and customer financial security all bring challenges. In the future, online channel transaction limits are expected to continue in the short term, but in the medium and long term, banks cannot be ruled out to achieve a dynamic balance between business risk prevention and user convenience by improving risk control and financial technology levels. Related Q&A: Related Q&A: What are the risks of lending a bank card to others if you have no money?
Thank you for the invitation! There are still risks. The most basic risk is violating the bank's regulations in the first place. Bank regulations: All bank credit cards and debit cards can only be used by the person. If the bank card is lent to others for use, all consequences arising therefrom will be borne by the bank card owner. Although there is no money in the card, it seems that there is no risk, but in fact the risk is very high. What are the specific risks? First of all, if someone uses your bank card to do illegal things, such as drug trafficking, money laundering, smuggling, fraud, etc., or if there is an economic dispute, etc., you will eventually be traced unless you can prove that it was not you. But sometimes it's hard to prove your innocence, and the process can be complicated. Nowadays, most funds are transferred online. This method of transfer makes it difficult to prove who the perpetrator is. If there are any problems with fund transactions involving this card, the bank card owner will be contacted and you will be held responsible. Another example is money laundering, bribery, bribery and other criminal activities. By the way, what is money laundering? It refers to the act of concealing illegal income and its generated income through various means to conceal its source and nature, so as to make it legal in form. For criminal acts such as money laundering, if you cannot prove that you did not do it yourself, you will be held responsible. Therefore, you should think twice before lending your bank card to others to avoid unnecessary trouble or even losses. My suggestion is to get the card back as soon as possible and remember the date the card was received so that responsibilities can be divided. The above is my simple opinion, for reference only! Looking forward to more attention! Thanks!