What does the notification limit for transfer mean?

The customer sets the transaction limit, and the transaction limit will automatically send the account transfer information.

According to the customer's agreement, when the amount of a single receipt and payment transaction in the customer's settlement account reaches the preset conditions, the bank can inform the customer of the account transfer information in time through electronic channels or short messages.

For example, if you set 20 yuan, you will not be notified if you swipe your card 10 yuan, but you will be notified if you exceed 20 yuan. And here in 20 yuan, it's all about notice restrictions on moving accounts. Some banks are free of charge and some charge for this service.

Extended data

The origin and development of transfer notice;

With the continuous development of modern communication technology, mobile phone, as an important communication tool in modern society, has become an indispensable part of people's lives, and also provides a new channel for banks' financial services.

With the increasing frequency of people's economic activities, people want to know the changes in their accounts at the first time. Banks send account change information to customers' mobile phones timely, accurately and safely through SMS, which can ensure the safe and efficient use of funds and provide customers with convenient and fast personal financial services.

Shenzhen Rural Commercial Bank-Transfer Notice