Why Postal Savings Bank suspended non-counter transactions

1. Mobile Post Bank stated that it may be because the mobile banking business cannot be started and non-counter transactions have been stopped, but the bank account has not been used to restrict the bank’s new bank account management in the real-name registration system. Long-term use before regulations.

2. Postal Savings Bank of China advocates serving the real economy, actively implementing national strategies, supporting the establishment of China’s modern economic system, and achieving its own sustainable development. Comply with customer-centered online and offline interconnection, integration and translation of financial service systems, and provide customers with high-quality, convenient and efficient comprehensive financial services.

3. For accounts that have suspended over-the-counter transactions, there will be no transaction records for 6 months after the bank card is processed, so the bank treats the bank card as a sleep card and interrupts transactions. Banks and settlement institutions must strengthen monitoring of account transactions.

4. Postal Savings Bank has nearly 40,000 outlets and serves more than 600 million individual customers. It is positioned as a "three rural" and is committed to providing services to the most dynamic customer groups in China's economic transformation. Accelerate the transformation into a new type of retail bank that is data-driven, channel coordinated, wholesale and retail linkage, and efficient in operation.

China Postal Savings can be traced back to the postal savings business launched in 1919, which has a history of 100 years. In March 2007, on the basis of reforming the original postal savings management system, Postal Savings Bank of China Co., Ltd. was officially established.

The latest deposit interest rate in 2022 is still based on the benchmark interest rate in October 2105, and the degree of fluctuation of major banks on this benchmark interest rate is different. The following are the deposit interest rates of the six major state-owned banks:

Postal Bank: 1-year interest rate is 2.15, 2-year interest rate is 2.95, 3-year interest rate is 3.84, and 5-year interest rate is 3.44.

China Construction Bank: The 1-year interest rate is 2.07, the 2-year interest rate is 2.90, the 3-year interest rate is 3.81, and the 5-year interest rate is 3.75.

Agricultural Bank of China: The 1-year interest rate is 2.02, the 2-year interest rate is 2.81, the 3-year interest rate is 3.65, and the 5-year interest rate is 3.5.

Bank of China: The 1-year interest rate is 2.03, the 2-year interest rate is 2.82, the 3-year interest rate is 3.67, and the 5-year interest rate is 3.55.

Industrial and Commercial Bank of China: The 1-year interest rate is 1.98, the 2-year interest rate is 2.74, the 3-year interest rate is 3.57, and the 5-year interest rate is 3.53.

Bank of Communications: The 1-year interest rate is 1.98, the 2-year interest rate is 2.69, the 3-year interest rate is 3.51, and the 5-year interest rate is 3.50.

Deposit interest rate is the standard for calculating deposit interest. It refers to the ratio of the amount of interest to the amount of deposit within a certain period, also known as deposit interest rate.

Deposit interest rate is an economic lever for banks to absorb deposits, and it is also an important factor affecting bank costs. China's deposit interest rates are determined in a planned manner by the state based on objective economic conditions, currency circulation, market material supply and demand, and taking into account the interests of all parties.

On October 23, 2015, when the People's Bank of China announced an interest rate cut and an RRR cut, it also made it clear that it would no longer set deposit interest rate ceilings for commercial banks and rural cooperative financial institutions. At this point, interest rate controls have been basically cancelled, and interest rates have been liberalized. Reform has entered a new stage.

The unit of deposit interest rate is annual interest rate, monthly interest rate, and daily interest rate (also known as annual interest rate, monthly interest rate, and daily interest rate).

The annual interest rate is expressed as a percentage of the principal, the monthly interest rate is expressed as a thousandth of the principal; the daily interest rate is expressed as a thousandth of the principal. It is customary in China to refer to interest rates as a few cents or cents. On June 21, 2021, some banks will lower the interest rates of two-year and three-year certificates of deposit products in accordance with interest rate management requirements.