Recently, the bank lowered the online trading limit of personal accounts. Why is it down? Which banks will cut the price? What is the impact on consumers?
The reporter learned that the banks that recently proposed to reduce the online transaction limit are Agricultural Bank Of China Limited(601288) and Shanghai Pudong Development Bank Co.Ltd(600000) . At the beginning of April, Agricultural Bank Of China Limited(601288) issued an announcement on the official website, pointing out that in order to ensure the safety of customers’ accounts and funds and implement regulatory regulations, some customers’ personal online banking and cash transfer limits will be adjusted one after another.
Shanghai Pudong Development Bank Co.Ltd(600000) also said that it would adjust the customer’s online transaction limit in the near future.
Shanghai Pudong Development Bank Co.Ltd(600000) customer service: bank outlets will adjust the customer’s quota and limit in combination with the customer’s situation and local regulatory requirements.
In the interview, both banks said that this reduction of online transaction limit is aimed at some customers, and the reduced limit is different in different regions and customers . If customers need to increase the limit after the reduction, they can go to the bank outlet. Insiders said that the bank lowered the online transaction limit mainly to prevent risks.
Zeng Gang, deputy director of national finance and development laboratory: in the past few years, in fact, many banks have adjusted the online transaction limit accordingly. It mainly comes from risk prevention. Appropriate limit management for some accounts that often conduct online transactions or suspicious transactions will help to reduce the risk of customers and the compliance risk of the bank itself.
