Recently, the topic of “several banks reducing the online trading limit of personal accounts” has attracted attention.
The reporter of financial investment daily found that the adjustment scope of relevant banks mainly includes online related businesses of personal accounts, including online transfer limit and online payment transaction limit. The restricted personal accounts are mainly sleep accounts that have not been used for a long time and accounts that may have abnormal transactions, which will not affect the normal transactions of most ordinary customersP align = “center” adjust some online transactions
since March, many banks including China Everbright Bank Company Limited Co.Ltd(601818) , Shanghai Pudong Development Bank Co.Ltd(600000) , Agricultural Bank Of China Limited(601288) and others have successively issued announcements to adjust the transaction limits of online financial channels of personal accounts, including online transfer limits and online payment transaction limits
Agricultural Bank Of China Limited(601288) issued the announcement on reducing the transaction limit of some customers’ online financial channels, pointing out that the recent frequent occurrence of telecom network fraud will gradually adjust the transfer limit of some customers’ personal online banking and palm banking in order to ensure the safety of customers’ accounts and funds. If you need to increase the online transfer limit, you can bring your valid ID card and bank card to any outlet of the bank. Some regions may need to provide other supporting materials due to local regulatory requirements.
China Everbright Bank Company Limited Co.Ltd(601818) related adjustments are mainly for credit cards. According to the announcement of the bank’s Credit Card Center, the online payment transaction limit will be adjusted from May 12, 2022. The default single transaction limit and single day limit will be adjusted to 10000 yuan this time. Cardholders can independently modify the online payment transaction limit through the “transaction limit setting” of the bank’s sunshine life app and customer service channels. If the online payment transaction limit has been adjusted before, it will not be affected by this adjustment, and the online transaction limit will remain unchanged.
Shanghai Pudong Development Bank Co.Ltd(600000) Chengdu Branch, Changsha branch and Fuzhou branch have successively announced that “the non counter business limit of individual bank settlement account will be appropriately adjusted according to the account usage.”
in addition to state-owned banks and joint-stock banks, some regional banks have also recently adjusted the transaction limits of online related businesses of personal accounts
For example, Longhai rural commercial bank will begin to adjust the non counter business limit of stock personal settlement account in batches on April 20. After referring to the personal information (age, etc.) reserved by customers, the amount of collection and payment transactions in recent 6 months, the number of transactions and account balance, the bank will set different levels of non counter business limits after risk classification of accounts (counter transactions and collection business are not limited)P align = “center” ordinary customers have limited influence
in recent years, the volume of mobile payment business has maintained a growth trend
According to the data of the central bank, in the fourth quarter of 2021, banks handled 75.546 billion electronic payment businesses, with an amount of 783.26 trillion yuan, a year-on-year increase of 13.37% and 6.03% respectively. Among them, there were 27.722 billion online payment services, with an amount of 608.06 trillion yuan, a year-on-year increase of 13.77% and 2.35% respectively; There were 42.523 billion mobile payment services, with an amount of 152.91 trillion yuan, an increase of 17.85% and 29.11% respectively year-on-year.
For the online payment limit, some netizens are worried that online transfer, shopping and financial management will be affected. In this regard, insiders pointed out that the personal accounts limited this time are mainly some sleep accounts that have not been used for a long time, as well as accounts that may have abnormal transactions or in an abnormal state, such as long-term abnormal amount in and out of the account and suspected of money laundering, which will not affect the normal transactions of most ordinary customers.
in fact, the specific content of the bank’s adjustment is not exactly the same, nor is it aimed at all regions and customers
Among them, the quota adjustment is different in different provinces and regions, and the specific adjustment involving different individual accounts in the same province is also different. If the cardholder has a reasonable demand for large online transactions, he can also increase the limit through the bank outlet or app p align = “center” personal account management should be strengthened
for the bank to adjust the transaction limit of online related businesses of personal accounts, insiders pointed out that the main reason is to prevent telecom network fraud and ensure the safety of customer accounts and funds
In recent years, the phenomenon of telecom network fraud, swiping and stealing the funds in the card through the bank card occurs frequently, which brings challenges to the bank’s risk system prevention and the customer’s capital security.
In this regard, the bank continued to strengthen the management of personal accounts and clean up “excess accounts” and “sleep accounts”. Relevant adjustments will help to prevent large-scale fraud and reduce potential capital risks to a certain extent. In the future, banks may balance customer convenience and capital security by improving risk control and financial technology.
for cardholders, attention should also be paid to strengthening the risk management of accounts, properly keeping bank cards and personal information, and improving security awareness
When answering the phone, sending text messages or wechat, do not disclose the bank card account number, password and verification code, the bank card balance and loan amount, do not easily open the facial recognition program, do not download the program software with unknown source, carefully carry out mobile banking operation, and do not provide account authorization at will. If the bank account number and password, ID card, bank card, online banking U shield, telephone card and other information are lost or leaked, the loss reporting and other procedures shall be handled immediately.
At the same time, for bank cards that are used or no longer used, the account shall be cancelled in time, and the magnetic stripe shall be damaged and not discarded at will. In addition, pay attention not to rent, lend or sell personal bank cards, ID cards, online banking U shield and other account access tools, so as not to cause economic losses and bear legal liabilities.
