What is mobile banking?

Mobile banking uses mobile communication networks and terminals to handle related banking services. The charging standards of each bank are different.

Charging standards:

1. Industrial and Commercial Bank of China: 0.2 yuan/text or 0.3 yuan/text based on the number of text messages sent. Long-distance remittances are charged according to the over-the-counter personal remittance charging standards, that is, they are charged at 1% of the single remittance amount, with a minimum of 1 yuan and a maximum of 50 yuan. Recently, a 20% discount on remittance fees has been implemented.

2. China Construction Bank: long-distance transfers (remittances), inter-bank transfers, and transfers to enterprises. As of December 31, 2010, these three types of transfers enjoy a 0.15 handling fee discount, with a minimum of 1 yuan and a maximum of 15 yuan. .

3. China Merchants Bank: Transfers to other banks in the same city are charged 2 yuan per transaction, transfers to other banks in other places are charged 0.2 of the transaction amount (minimum 5 yuan, maximum 50 yuan), and inter-bank transfers in other places are charged 1% of the transaction amount ( The minimum is 10 yuan, the maximum is 50 yuan).

4. China Everbright Bank: Transfers from our bank or your own account are free within the same city. A handling fee of 0.5 (minimum 2 yuan, maximum 20 yuan) of transaction amount will be charged in other places. A handling fee of 0.5 (minimum 5 yuan, maximum 50 yuan) of the transaction amount is charged for inter-bank remittances within the same city and different places.

5. Bank of Communications: 6 yuan/month mobile phone service fee (free until the end of this year), 0.15 for non-local counterparts and other banks in the same city (50% discount within this year), 0.3 for cross-regional inter-bank services Fees (50% off this year), minimum 1 yuan, maximum 15 yuan.

7. Agricultural Bank of China: SMS service is free for the first month, and there is a service fee of 2 yuan/month thereafter. The transaction fees for transfers and remittances are the same as those at the counter, with a 0.5 fee. The minimum is 1 yuan and the maximum is 50 yuan.

8. Minsheng Bank: All free. :

Mobile banking combines new services of electronic currency and mobile communications. Mobile banking not only allows people to handle a variety of financial services at any time and anywhere, but also greatly enriches the connotation of banking services. , enabling banks to provide customers with traditional and innovative services in a convenient, efficient and safer way.

Mobile banking is composed of mobile phones, GSM SMS centers and banking systems.

During the operation of mobile banking, after the user issues instructions to the bank through the menu on the SIM card, the SIM card generates and encrypts text messages in a prescribed format according to the user's instructions, and then instructs the mobile phone to send text messages to the GSM network.

After receiving the text message, the GSM SMS system transmits it to the corresponding bank system according to the corresponding application or address. The bank preprocesses the text message and then converts the command into the host system format. The bank host processes the user's request. , and returns the results to the bank interface system. The interface system converts the processing results into SMS format, and the SMS center sends the SMS to the user.

Mobile banking is not telephone banking. Telephone banking is a voice-based banking service, while mobile banking is an SMS-based banking service. All businesses currently conducted through telephone banking can be realized through mobile banking, and mobile banking can also complete secondary transactions that cannot be achieved through telephone banking.

For example, banks can pay telephone, water, electricity and other bills on behalf of users, but they generally require user confirmation before transfer. Since mobile banking uses short messages, users can receive messages from the bank anytime they turn on their phones, allowing them to confirm transfers at any time and place.