Last night, my friend asked me to help him shop online. He said he couldn't shop online because he was subject to financial punishment for cash withdrawals two years ago!
Financial punishment means suspending non-counter banking services for personal bank accounts for 5 years, as well as all services related to payment accounts. In other words, relevant units and individuals cannot use bank cards to deposit or withdraw cash at ATMs, cannot use online banking or mobile banking for transfers, cannot swipe cards for shopping, and cannot make quick payments on shopping websites for 5 years.
In the internet age, being subject to financial punishment can cause significant inconvenience in life. Let's first understand why cash withdrawals can be subject to financial punishment.
General financial punishment occurs when cash withdrawals encounter dirty money, which leads to judicial freezing by the 'hat uncle' and entry into a primary or secondary blacklist, which is highly likely to result in financial punishment!
A friend told me that if you encounter a freeze, you should proactively go to the bank to understand the situation as soon as possible. Because bank risk control freezes have no time limit; if you don't handle it, it may remain frozen indefinitely, and in severe cases, one card may be frozen, preventing cash withdrawals from other cards as well.
For general ordinary risk control, you can bring your bank card and ID card to the bank to verify your identity and explain the source of the fund transaction flow.
For those involved in risk control related to the FZ model, it is necessary to go to the Six Doors department for account inspection to confirm that the account has no suspicion before it can be unfrozen.
Avoiding these erroneous operations can save a lot of trouble! For example, frequent bank card transactions, large transactions, quick in and out, concentrated inflows and dispersed outflows, dispersed inflows and concentrated outflows, frequent nighttime transactions, accounts with no balance, only for transitional use, etc.
