Bank transfer refers to the monetary fund settlement method of transferring money from the payer's bank account to the payee's bank account directly through the bank without using cash.
According to the provisions of the bank settlement method, all enterprises, institutions, organs, organizations, military units and other goods transactions, labor supply, capital allocation, credit transactions, etc., except those that can be settled in cash according to the Provisional Regulations on Cash Management. They should be settled by bank transfer in accordance with the provisions of the bank settlement method.
Extended data transmission restriction function:
1. There is a single transfer limit and a monthly total transfer limit.
2. The default single transfer limit and total monthly transfer limit are 1 1,000 yuan.
3. Customers can set their own transfer limit through the bank counter and wealth account professional edition, and must verify their ID cards.
Baidu encyclopedia-transfer limit