CCB responds to the transfer remark of Dogecoin being locked: detected high risk, the account will be set to "no receipt, no payment" status
Recently, Ms. Yu and her husband transferred 250 yuan in pocket money to each other through China Construction Bank, with the note "This week's Dogecoin," which led to an investigation by the bank and the locking of their accounts. The couple received calls from bank staff to verify their relationship and the reason for the transfer note, stating that the note triggered "virtual currency control," and their accounts would be set to a "no deposit, no withdrawal" status.The staff at the bank where Ms. Yu opened her account informed her that to unlock the account, she needed to submit her husband's bank statement for the past few months. After approval, she would then need to write a commitment letter, promising that the previous transactions were not related to virtual currency and that they would not participate in virtual currency transactions in the future. However, her husband strongly opposed the direct restriction on account usage and was negotiating with the staff at his bank. In response, China News Weekly called the China Construction Bank customer service for consultation, and the staff stated that they had not received any information regarding virtual currency control and suggested consulting the relevant branch for specific details.Subsequently, China News Weekly inquired at the branch of China Construction Bank in Tianjin where Ms. Yu opened her account, and the staff claimed they were unaware of the situation. Meanwhile, the staff at her husband's branch in Dalian stated that if the account involved virtual currency transactions, the bank would impose "no deposit, no withdrawal" control on the account. If the transfer note specified "Dogecoin," they would need to provide materials to prove that the note was unrelated to virtual currency. However, the issue lies in how to prove this; if only the bank statement is available, it cannot serve as valid proof. Therefore, such controlled accounts cannot be unlocked and can only be canceled.As for the specific regulations, the other party did not provide a clear response. Currently, Ms. Yu has submitted her husband's bank statement and a handwritten commitment letter and is applying to lift the account restrictions. Meanwhile, her husband's bank staff responded that after submitting their marriage certificate, they could apply to lift the restrictions. According to Xinhua News Agency, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring all member units not to participate in virtual currency, real-world asset token issuance, and trading activities within the country, and reminding the public to discern risks and stay away from illegal activities.
