According to Techub News, China Post Bank issued an announcement stating that China Post Savings Bank issued the "Announcement on Promoting the Governance of Digital RMB Customer Identity Information" (hereinafter referred to as the "Announcement"). The "Announcement" stated that in response to incomplete personal customer identity information in digital RMB accounts, Postal Savings Bank will take measures such as reducing transaction limits and restricting financial services for wallets under the name of customers.

 

The "Announcement" stated that in accordance with relevant anti-money laundering policies and requirements, Postal Savings Bank of China will further strengthen the verification of the integrity and validity of digital RMB personal customer identity information. The verified customer identity information includes: name, gender, nationality, occupation, residence or work address, contact number, type, number and validity period of identity document or identity proof document.

 

If an individual customer's identity information is incomplete, a photocopy of the ID document is not retained, or the ID document is expired and not updated within 90 days, Postal Savings Bank of China will take measures such as reducing transaction limits and restricting financial services on the wallets under the customer's name.

 

At the same time, Postal Savings Bank of China reminds that digital RMB customers can upload photocopies of their IDs and update the validity period of their IDs through the digital RMB APP client or mobile banking client, or bring their valid IDs to offline business outlets to update their identity information. Once the information is complete and accurate, the wallet function can be restored.