Bank cards are restricted from OTC trading. Can I cancel them at the counter?

Bank cards restrict OTC transactions and can be cancelled at the bank counter. The bank's restrictions on off-counter transactions mean that the business of bank cards is restricted, and I can take my ID card to the counter to lift the restrictions. There are many reasons for this restriction, for example, bank cards are useless for more than half a year, identity cards have recently expired, and information in the system is incomplete.

The savings card can be cancelled if it is suspended from over-the-counter transactions. Due to day trading, or the bank card has not been used for half a year or the information is incomplete, the counter service of the savings card will be suspended and all counter transactions of the bank card will be frozen. You can only go to the outlet counter to let the staff handle the business. You can cancel it if you don't want to use it. Only by canceling the agreement signed under the card can the bank card be cancelled.

If a large amount of money frequently enters and exits the account, the banking system will classify the account as suspicious according to the data analysis, and will restrict the off-exchange transaction of the account. It may also be that the bank card has not been used for a long time, which leads the bank to classify customers as infrequent users, and customers will limit the use function of their bank cards. If the customer's ID card expires, the personal information filled in by the system is incomplete and has not been updated for a long time, and the bank contacts the customer many times, and the customer does not immediately modify and supplement it, this will also lead to this situation.

What does the non-counter business of the bank mean?

The non-counter business of a bank refers to the business that is not handled at the counter of the bank, such as electronic banking and ATM transactions. Because it does not need to be handled at the counter, it belongs to the non-counter business. According to document No.261of the People's Bank of China, the bank will suspend its counter business for accounts with no transaction record within 6 months from the date of opening an account, and resume business after re-verifying the identity. Users should note that if the bank card is not used for a long time, the non-counter business will be suspended. At this point, users need to bring their ID cards and bank cards to the bank counter to handle a transaction. The specific situation is subject to the bank.

The suspension of bank card non-counter transactions means that bank card accounts cannot be used for online banking, mobile banking, self-service banking and other businesses, and can only be used for counter transactions.