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What information will ABC send when it pays the SMS fee?

Cardholders pay fees at any Agricultural Bank outlet in China with valid identity documents and bank cards with SMS notification.

If the customer's account balance is insufficient or the account is in a special state such as oral loss reporting or password loss reporting, the SMS notification service fee cannot be deducted on the deduction day (if the customer's debit card account is in a password locked state and the account has not stopped paying, the SMS notification service fee will not be deducted), and the second deduction will be made at the end of the month.

If there is no charge for three consecutive months, the system will no longer automatically charge and stop sending SMS. After the system automatically deducts the fee, the SMS service can be resumed. Customers can open SMS service through counter, personal online banking and personal bank payment, and only need to pay monthly usage fee. After the arrears are paid successfully, the SMS service can be resumed.

SMS notification:

When there is any change in your bank card, the bank will inform you as soon as possible, whether it is transferred in or out. After the SMS notification of the bank card is opened, if the bank card is stolen, it will be known immediately. If it is not opened, if the bank card is stolen, you will not get the news immediately, and your personal funds will be threatened.

For banks, although a bank card can't make much money by sending a text message, after all, there are many bank customers, and everyone uses a large amount of cards, which is also a lot of income in one year. In addition to paying some SMS fees to Netcom, banks still make money.

More importantly, bank SMS notification is an intermediary business, and there is no risk for banks to charge such fees. Unlike banks that want to make money from deposits and loans, there is also the risk of rising non-performing loans. Therefore, it is a win-win situation for customers and banks to open SMS notification service.