Why do I need to verify when someone transfers money to China Merchants Bank?

When conducting online banking or mobile banking transactions, "obtain verification code via SMS" is a security mechanism set up by the China Merchants Bank system to prevent transaction risks. If you encounter identity verification, please obtain it through the bound mobile phone number. Verification code.

Every time you conduct a transaction (especially online payment) in China Merchants Bank’s online banking, you need to use a mobile phone verification code for verification. When making an online transaction payment, in order to ensure the security of the account, the bank’s system will automatically determine whether You need to obtain a mobile phone verification code for additional verification. For transactions that require verification, you must use a mobile phone verification code. Mobile authentication cannot be canceled or set up on your own, it is included with every transaction.