Sino-Singapore Jingwei, February 24th (Li Ziman Weiwei) Recently, it has been reported on the Internet that some banking institutions in Beijing have set transaction limits for Type I accounts. The daily limit for all non-counter channels is 5,000 yuan.

　　Sino-Singapore Jingwei called 10 banks including Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, China Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank, Guangfa Bank, Huaxia Bank, and Bank of Shanghai as customers on the 24th to learn about the relevant situation.

　　Except for Huaxia Bank, most banks said that at present, they only adjusted the non-counter transaction quota of relevant bank cards, mainly to prevent the risk of telecommunications and network fraud and respond to the requirements of the People's Bank of China to implement classified management of bank cards.

Many banks have already started to act last year

　　Non-counter channels refer to businesses that are not handled at bank counters, including online banking, mobile banking, online fast payment, point-of-sale terminal POS machines, ATM machines, and third-party payments including Alipay, WeChat, etc.

　　The customer service of Bank of China told Sino-Singapore Jingwei that in order to prevent telecom fraud, the bank has adjusted the non-counter transaction limit of Class I and Class II bank cards.

　　The customer service of China Merchants Bank told Sino-Singapore Jingwei that China Merchants Bank has successively imposed limits on non-counter transactions of some customers since last year, mainly in response to the People's Bank of China's request for account allocation management. The limit is to ensure the safety of funds in customer accounts. Adjustments vary by region and by customer.

　　According to the customer service staff of China Construction Bank, at present, banks across the country have to carry out classified management of customers' accounts, and limit the non-counter transaction amount of some customers.

According to the use of bank cards, China Construction Bank will reduce the non-counter transaction limit of newly opened cards and sleep cards that have not been used for a long time to 5,000 yuan per day.

　　However, Hua Xia Bank’s customer service said that there has not yet been a case where customers have reported a reduction in the non-counter transaction limit. If such a situation occurs, customers can adjust it through the mobile banking APP or go to the bank branch to check the specific reasons.

　　Sino-Singapore Jingwei checked the data and found that last year, the Agricultural Bank of China, Shanghai Pudong Development Bank Fuzhou Branch, Chengdu Branch, Changsha Branch, Hangzhou Branch, Industrial and Commercial Bank of China Fujian Branch, etc. issued relevant announcements to adjust the personal online banking and mobile banking transfer limits of some customers.

Users can adjust the limit like this

　　Sino-Singapore Jingwei found that this time, not all non-counter transaction limits of Class I and Class II bank card users were limited to a few thousand yuan.

　　Some consumers told Sino-Singapore Jingwei that the bank card of their Industrial Bank is currently non-existent?

The daily limit is 1,000 yuan, while the transaction limit of his colleague's Industrial Bank card is still 50,000 yuan per day.

　　In response to this matter, the customer service of Industrial Bank told Sino-Singapore Jingwei that

at present, the minimum credit limit for newly opened cards of Industrial Bank is indeed 1,000 yuan. If customers have a demand for an increase, they can bring relevant income certificates and social security payment certificates after generating the transaction records. and other materials, go to the bank branch for processing.

　　The customer service of China Merchants Bank told Sino-Singapore Jingwei that according to the requirements of the central bank, banks should establish a personal account management system, and set a reasonable total limit for non-counter business single fund transfers based on the customer's identity, occupation, age, and transaction characteristics.

If the income levels of two customers are similar, the bank will also consider their consumption habits and overall assets when setting the transaction limit.

　　The customer service of China Merchants Bank also said that if the cardholder does have a non-counter transaction limit lowered,

he can first search for the relevant functions of "transaction limit" through the mobile banking APP and try to adjust the limit online.

If the adjustment is unsuccessful, you can bring your ID card, bank card and mobile phone number reserved by your bank to the bank branch for adjustment. If you want to apply for a transaction amount higher than the original amount, you need to issue asset certificates and other materials.

　　Liu Yinping, an analyst at Rong 360 Digital Technology Research Institute, told Sino-Singapore Jingwei that the bank card transaction limit used to be mainly for Type II and Type III accounts. Recently, banks have set non-counter channel transaction limits for Type I accounts. It has dropped sharply, and some banks even have only 5,000 yuan.

The purpose of the bank is to crack down on telecommunications and network fraud, rectify the illegal and criminal activities of selling telephone cards and bank cards, carry out anti-money laundering work, and ultimately protect the safety and interests of depositors' funds.

　　The above-mentioned analyst said that this kind of "broken card" action will indeed cause inconvenience to many users, but users can apply to the bank for an increase, and through password devices, USB shields or other multiple verification methods, the daily transaction limit can be increased.

Banks should also explain the reasons to customers while making limit regulations, and provide solutions to customers who have caused inconvenience.

　　In addition to setting limits on non-counter transactions, what other means can banks use to identify illegal activities such as telecom fraud?

　　Jin Tian, ​​a senior researcher at the Digital Economy Research Institute of Zhongnan University of Economics and Law, pointed out that from the perspective of anti-fraud, banks can not only block the path of fraud and money laundering by "breaking the card", but also more accurately and effectively identify potential fraudsters, and then do a good job. Full-process control before, during and after fraudulent activities.

　　For example, the above-mentioned person said that banks can distinguish pictures, videos, and molds from real face information through biometric information identification, and screen out applicants who do not meet the requirements of retained face information; Applicants who are often in high-risk areas and whose active location is significantly different from the declared location are screened out; social relationship identification can be used to screen out applicants who have financial transactions and close ties with blacklisted and high-risk users; applicants can be screened out through other Behavioral data identification to screen out applicants with abnormal login and application times and abnormal mobile phone usage habits.

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)