ICBC's transfer failed, the information code is 963 10703, indicating what the transaction failed.

When handling the transfer business through the electronic banking channel, the prompt "Transaction failed: 963 10703" is generally for the purpose of protecting the safety of the funds in the customer's account. The system automatically judges the degree of transaction risk and controls qualified transactions. It is recommended to change the trusted device or network environment before retrying. You can also send the feedback to the customer service hotline 95588 of Electrician Bank for manual verification, or bring your valid ID card and bank card to the outlets to check the reasons.

Transaction Risk In all the activities of an international enterprise organization, that is, in its operating process, results and expected operating income, there are foreign exchange risks caused by changes in foreign exchange rates. The risk in business activities is trading risk, the risk in the result of business activities is accounting risk, and the risk in expected operating income is economic risk.

When operating a single intra-bank transfer or inter-bank transfer, if the account password of the transfer-out account is wrong, the account balance or handling fee is insufficient, the account has been temporarily reported lost, the business has been frozen, the account has expired, and the account has been reported lost, the status will be prompted as "Transaction Failed". After the query fails, it is necessary to verify whether the account details have been deducted. If it is determined that there is no transaction, it can be re-initiated. ICBC provides a variety of mobile phone client software to meet your financial needs. Common apps include mobile banking, Rong e-link, Rong e-purchase, and ICBC e-life.

Transaction risk is the risk of outstanding creditor's rights and debts in foreign exchange settlement after exchange rate changes. These creditor's rights and debts occurred before the exchange rate changes, and were only liquidated after the exchange rate changes. The exchange rate system is the direct cause of foreign exchange transaction risk. The fixed exchange rate system shields risks, while the floating exchange rate system increases the uncertainty of future currency trends and expands risk exposure.

Foreign exchange risk generally includes two factors: currency and time.

If there is no exchange or conversion between two different currencies, there will be no foreign exchange risk caused by exchange rate fluctuations. At the same time, the change of exchange rate and interest rate always corresponds to the term, and there is no foreign exchange risk without time factor. The longer the time span between the account receipt and payment of economic entities and the final settlement date, the greater the fluctuation of exchange rate and the greater the risk of currency conversion. The exchange of foreign currency and local currency has become a prerequisite for the emergence of foreign exchange trading risks, and the time factor is the catalyst for the emergence of foreign exchange trading risks.