What does it mean to withdraw cash by SMS on postal currency card?

The cash withdrawal amount of postal currency card SMS refers to the cash withdrawal through Alipay or Tenpay, and the cash withdrawal balance is transferred to the account of Postal Savings Bank.

Withdrawals can only be made to the bound bank card, and transfers can be transferred to anyone's card. There is no handling fee for withdrawing cash, and it is transferred to the bank card to collect the handling fee.

China Postal Savings Bank was formally established on March 20th, 2007, and it is the fifth largest bank in China. It is a state-owned commercial bank established on the basis of the reform of postal savings management system.

China Postal Savings Bank inherited the postal finance business operated by the former State Post Bureau and China Post Group Corporation and the assets and liabilities arising therefrom, and continued to engage in the business approved by the original business scope and business license documents.