Transfer remark 'Dogecoin' has been locked, and the follow-up is quite frustrating!
China Construction Bank responds to users whose transfer remark 'Dogecoin' was locked: detected high risk, accounts will be set to 'no receive no payment' status.
BlockBeats news, on December 12, according to 'China News Weekly', a few months ago, Ms. Yu and her husband transferred 250 yuan pocket money to each other through China Construction Bank, with the remark 'Dogecoin this week', which triggered a bank investigation and card lock. Recently, both received calls from Construction Bank staff to verify their relationship and the reason for the transfer remark, stating that this remark triggered 'virtual currency control', and the account would be set to 'no receive no payment' status.
The staff at the account opening bank told Ms. Yu that to unlock the account, her husband needs to submit several months' bank statements, and after passing the review, he must write a letter of commitment, promising that there were no virtual currency transactions before and that he would not participate in virtual currency transactions in the future. However, her husband strongly opposed the direct restriction on account usage and is negotiating with the staff at his account opening bank.
In response, the staff at a certain Construction Bank outlet in Dalian stated that if the account involves virtual currency transactions, the bank will implement 'no receive no payment' control on the account. If the transfer memo specifies 'Dogecoin', materials must be provided to prove that this remark is unrelated to virtual currency. But the problem lies in how to prove it; if there are only bank statements, they cannot serve as valid proof, so such controlled accounts cannot be unlocked, only canceled. As for what the specific regulations are, the other party did not respond clearly.
Currently, Ms. Yu has submitted her husband's bank statements and a handwritten letter of commitment, and is applying to lift the account restrictions; her husband's account opening bank staff replied that after submitting their marriage certificate, they could apply to lift the restrictions.
According to Xinhua News Agency, on December 5, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring all member units not to participate in virtual currency and real-world asset token issuance and trading activities within the country, and reminded the public to discern risks and stay away from illegal activities.
