Text | Payment Encyclopedia Zhang Haodong Xu Woke up
Recently, "Payment Encyclopedia" noticed that some netizens received a limit message from Minsheng Bank, saying that it was to prevent telecommunication network fraud and ensure the safety of users’ account funds. According to the daily use of accounts, Minsheng Bank adjusted the external payment limit of accounts with the suffix * * * to 5,000.00 yuan per day after one week. Users can check the limit of the card by logging in to My Bank Card of Mobile Banking and clicking on the added bank card. If it is necessary to raise the limit, I can bring my valid certificate, bank card and supporting documents to the nearest Minsheng Bank outlet to apply for it.
01 Off-counter trading limit will be normalized
Payment Encyclopedia understands that the limit message was not released suddenly. As early as 2021, Minsheng Bank issued the announcement of "the limit of card business on the same day" for bank cards, directly adjusting the limit of 10,000 yuan to 1000 yuan, and later issued the announcement of "the limit of card business on the same day" with different rules several times, with the aim of preventing the risks brought by telecom fraud.
It is not a precedent for Minsheng Bank to limit the off-counter channel transactions of users’ bank accounts. Payment Encyclopedia has reported relevant cases many times. Before that, China Construction Bank conducted risk control on a large number of bank cards in a certain place, because there may be abnormal transactions in users’ bank cards. Although Minsheng Bank did not mention that "bank card transactions may be risky", it also emphasized the purpose of preventing telecom fraud.
In addition to Minsheng, CCB, ICBC, China Merchants Bank, etc., other state-owned big banks and joint-stock banks have also issued risk control messages, which are embodied in the fact that after taking risk control measures, bank cards can only be transferred in but not transferred out.
After the off-counter transaction of bank card is restricted, it will affect the handling of the business in the card. To lift the restriction, you need to bring relevant information to the bank counter to handle it. The troublesome steps have attracted a large number of netizens to vomit. However, the bank has not taken a one-size-fits-all approach to large-value transactions. If the corresponding materials can be provided, the bank will restore the user’s account function after confirming the authenticity.
Strengthen the risk control of "abnormal" bank cards, or in response to the regulatory "card-breaking" action, so that more users can understand the reasons and treatment methods of bank card limit. It is understood that bank cards are limited for five reasons: First, bank cards have not been used for a long time; Second, the identity information is expired or incomplete; Third, the reserved mobile phone number is not the person; Fourth, the account involved; Fifth, trading may also be restricted after being misjudged by banks. The handling method can be operated according to the bank SMS prompt.
A large number of quotas are also helpless.
For banks, the use of bank cards to commit crimes is increasing. In order to prevent criminals from using bank cards to commit money laundering crimes, it has become an inevitable trend to adopt trading limits for over-the-counter channels.
In the cases detected by public security organs in the past, many accounts involved were obtained by swindlers through acquisition, leasing and other forms, and then used to transfer assets to launder money, and the card issuer was punished for allegedly helping the letter; Fraud gangs will also release recruitment information to the outside world, and guide users to enter the group to swipe their bills through the form of "online part-time job". This kind of transaction is generally a virtual order. The purpose is that fraudsters will still be suspected of helping the letter in order to complete the money laundering operation, and eventually the card issuer will be punished.
Relevant data show that at present, the reason why Minsheng Bank is fined the most is that it violates the regulations on credit reporting and anti-money laundering management. Two types of business fines accounted for 86.6% of the total fines, which led banks to take quota measures to strengthen management and avoid paying more management costs and fines.
In addition to taking quota measures, banks have also strengthened anti-fraud propaganda. When users go to the bank to modify the bank card quota, the bank will popularize anti-fraud knowledge for users. At the same time, the process of filing and auditing for new cards has been increased, and it is also necessary to scan the code registration information and sign a letter of commitment not to participate in telecommunication network fraud crimes. The first-time card opening users have also added "five questions", "two checks" and risk warning links.
It is also a last resort that the steps of card opening are so complicated. According to relevant personnel, the bank currently adopts "whoever opens the card is responsible, and the accountability system is implemented. If there is a problem with the card opening personnel, the responsibility of the handler will be investigated". This also reveals that banks are strict in checking the off-counter transactions of bank accounts. Once they are monitored by the wind control system, they will be blocked by the quota. If the bank personnel detect abnormalities when lifting the quota limit, they will also be persuaded to retreat.
The bank’s risk control over personal accounts is becoming more and more strict. Many cardholders think that it has affected daily consumption, but compared with the risk of capital loss, strict risk control will not stop.
