The Era Of Internet Financial Relaxation Is Almost The Same.

After fourteen years, the double standard card will soon die.

According to media reports, in November 26th, banks basically no longer issued "double standard" credit cards, the cards in use can continue to use, and expired after being replaced by foreign currency single card.

The management of money is becoming more and more severe. Recently, the central bank has promulgated a series of policies, which means that in the process of the downward trend of the RMB exchange rate, the competent authorities should strictly control the currency and keep a close watch on the direction of foreign exchange.

Looking back on the era of Internet Financial relaxation a few years ago, it seems that the world has survived.

The so-called "double card" means one.

There are two signs on the card issuing office. Many people use the overseas credit cards, which are commonly used by the UnionPay +VISA logo or the UnionPay +MasterCard logo.

When you swipe the card, you can choose a payment channel for either of the two card agencies on the card. You can tell the clerk, use the UnionPay, or use VISA.

Now the double card is no longer issued, and there is still a deadline for use on the hand. Then you can change the UnionPay card or the foreign currency card.

According to the regulatory rules, Visa, MasterCard and other card organizations can only account in foreign currencies without obtaining the bank card clearing license in China. They can only be used by overseas entities or overseas network merchants. The scope of domestic use is only limited to the business under the regulations of the foreign exchange administration, and any form of paction within the territory will be regarded as a violation.

Meanwhile, domestic card issuing banks must be combed and issued.

Whether or not to meet the relevant requirements, the newly issued foreign currency single card should be stipulated in the agreement.

Foreign currency cards issued by foreign card organizations are basically useless when plating adult words.

These foreign currency card issuing agencies have no Renminbi in foreign currency cards, no clearing business, and they can only pay debts in the territory, and they can only be used abroad.

ICBC and Bank of China's foreign currency cards are first of all.

The total amount of foreign currency is restricted, and the total amount of Renminbi card withdrawals is limited.

Since January 1, 2016, the RMB card per card of China UnionPay can not be accumulated more than 100 thousand yuan per year, and the withdrawal limit for a single day debit card is equivalent to 10 thousand yuan in foreign currency.

Dance under the shackles.

From central bank No. 261 to No. 302, opening accounts is becoming more and more difficult.

In November, Cong was a big month for the central bank to introduce policies.

The first is the introduction of a strict No. 261 document, which does not permit the opening of so many I accounts. If there is a need to open a category II account, direct sales and online financial products are satisfied. The maximum amount of consumer payment and payment is not more than 10 thousand per day, and the amount of financial products purchased is unlimited.

Class III households can only make small consumption and payment, and set a 1000 yuan account balance limit.

The 261 policy can be said to fight money laundering and prevent telecommunications fraud. In November 26th, the central bank issued the text No. 302 at midnight. Since December 1st, when the new deal is landed, individuals can open accounts in the bank, and each person can only open a class I household in the same bank. If there are already class I households, they can only be accounts for type II and III.

The credit authentication and authentication technology of banks is further deepened. The third party payment system certification is on the way. It is the right way to connect with the public security system, mobile phone number networking and bank's face recognition system. The official credit certification system is gradually integrated with anti money laundering.

3, the regulation of free trade accounts in the FTA has been further strengthened.

The Central Bank of Shanghai convened a meeting of banks within its jurisdiction to require banks to strengthen the due diligence investigation of foreign capital flows into Shanghai free trade area, and illegal personal funds to invest abroad through free trade account (FT), supporting the real economy and controlling illegal outflows.

A member of the International Department of a bank in Shanghai, a participant, said: "we can not illegally collect personal funds to collect foreign investment through the FT platform"; "the general requirement is to promote inflow and control illegal outflow."

The situation is clear. We must establish a credit authentication system for the national network. We must have a good trial for the foreign exchange outflow.

Those who let domestic funds exit large quantities of houses, large investments, I am afraid, have entered the law.