What are bank notification reminders for?

After a bank opens a settlement account, the bank will usually provide users with notification reminder services. Some banks will remind users directly by phone, and some banks will remind them by SMS. . When calling, you can also use the bank customer service hotline or self-service voice service. Some banks may charge a fee for text message reminders. So what exactly are bank notification reminders for? Let’s find out together.

What is the purpose of bank notification reminder?

Bank notification reminder is a notification service, which mainly sends information about bank card account changes to customers through SMS or self-service voice. Transaction reminders ensure that users can understand their bank card account status and banking business status in real time. The most common one is the SMS reminder service. Changes in bank account balances will be reminded directly through SMS.

Bank notification reminders have many functions, including the following services:

1 Personal account balance change notification: including notification of incoming account information, such as personal salary arrival, remittance Notifications of account arrival and other information; notifications of transaction information, such as notifications of certain limits of consumption, withdrawals, transfers, agreed large transactions, special transactions, deductions and other information.

2 Personal deposit maturity notices: For example, notices on the maturity of time deposits, certificated treasury bonds, and timely renewal of small deposit and lump sum accounts.

3 Personal loan collection notices: Notices such as loan expiration, loan overdue, repayment collection and other information.

4 Bank card information notifications: such as bank card transaction information, card replacement upon expiration, card overdraft, collection and other notifications.

5 Risk warning notifications: such as account loss reporting, payment stop, release, and unfreeze notifications, online banking login warnings, etc.

6 Personal account information inquiry: such as provident fund balance, account balance, account details, consumption points inquiry.

7 Financial investment information notification and inquiry: notification and inquiry of information such as interest rates, exchange rates, stock market conditions, fund net worth, etc.

8 Payment: such as traffic fines and confiscations, mobile phone recharges, inquiry and payment of utility bills, payment of recharge cards, game point cards and other commodities.

9 Repayment information: such as credit card repayments, personal loan repayments, etc.