The difference between transaction reminder and account notification

The difference between transaction reminder and account notification is that the purpose and method are slightly different. Transaction reminder means that banks or financial institutions send transaction information, such as account balance changes and account transaction records, to customers through SMS, email or APP. Transaction reminders are usually initiated or set by customers, which can help customers know the account situation in time and avoid unnecessary troubles caused by insufficient account balance or transaction failure. Transfer notice refers to the notice that the bank or financial institution sends the account balance to the customer by SMS, email or APP. The transfer notice is usually passively received by the customer, for example, the bank automatically sends the notice according to the customer's transaction record and account balance. Transfer notice is usually used to remind customers of the change of account balance to avoid unnecessary losses caused by insufficient account balance. In a word, transaction reminder and transfer notice are services provided by banks or financial institutions for customers, but their purposes and methods are slightly different.