Why are bank cards restricted from trading?

This may be because account transactions are restricted by the risk control system. Generally speaking, banks will have a system of risk control tracing, and account transactions suspected of money laundering will be initially restricted. Mobile banking and online banking cannot be used, and business can only be handled at the counter. In this case, if the normal use is controlled by the wind, as long as the corresponding certification materials are presented at the counter where the corresponding procedures are handled, the normal use of the wind control can generally be released.

What restrictions do savings cards have on transactions?

Savings cards (debit cards) are restricted from trading for the following three reasons:

1. Incomplete information, restricted use. For example, if the bank card holder's ID card is not updated and the mobile phone number is invalid (stopped), the use of the savings card will be restricted to some channels, such as mobile banking and online banking, and can only be used at the counter.

2. The account is risky and restricted from trading. The bank will pass a series of monitoring, and if it finds that the customer's account is risky, it will take measures to restrict the transaction to ensure the safety of the customer's funds. In 2020 and 20021year, many bank card accounts were at risk of gambling and fraud, and their payments were stopped by banks.

3. Enter the wrong password for more than 3 consecutive times. In order to ensure the safety of the funds in the customer's account, the bank will input the wrong password into the customer's account three times in a row in the self-service machine and electronic banking.

Credit card transactions are restricted:

On the surface, a credit card is a card, but in essence, it is a short-term microfinance tool, which can be consumed by swiping the card. Therefore, banks are also very strict in preventing credit card risks. Credit card transactions are restricted for four main reasons:

1. The transaction amount of the credit card in a certain payment channel has reached the upper limit, so the transaction is restricted in this channel at this time.

2. The customer has set a single transaction limit for the credit card. When the credit card consumption exceeds the set limit, the credit card will be restricted and the customer will receive the relevant SMS notification.

3. When the credit card is swiped, the bank detects a risky transaction, and will first restrict the transaction, and then contact the customer to confirm whether it is my transaction. If so, the risk is eliminated and the trading restriction is cancelled.

4. If the credit card consumption exceeds the available credit limit of the credit card, the transaction will be limited due to insufficient available credit limit.

Quota trading. At this point, the customer must hold the ID card to the bank outlet to reactivate the password before using the savings card.