Termination service of collection account refers to that the banking system restricts the functions and transaction channels of bank cards and suspends related services, including but not limited to deposits, withdrawals, transfers, etc., in order to ensure the safety of funds and ensure that the reasonable rights and interests of banks and customers are not infringed. Generally, it is because the identity documents reserved by banks have expired and have not been updated; Bank card failure, degaussing and other reasons. For specific reasons, it is suggested that the subject consult the customer service of the relevant bank for inquiry.

I. Reasons for terminating the service of the collection account

_ 1. The identity documents reserved by the bank have expired and have not been updated;

2. The bank card fails and is degaussed;

3. The ATM is out of order and can't serve normally;

4. Upgrade the banking system and temporarily stop the service;

5. Too many incorrect password entries, resulting in the bank card being frozen and the service being terminated;

6. The bank card or password is in the state of loss reporting, resulting in the bank card being frozen and the service being terminated;

7. Due to judicial reasons, the account is temporarily frozen, and the service will be stopped before the court handles related matters.

Second, the classification of bank cards

1, debit card

Debit cards are divided into transfer cards, special cards and stored value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. Special card is a special-purpose debit card used in a specific area (except for department stores, restaurants and entertainment industries). It has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.

2. Credit card

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. Quasi-credit card refers to a credit card in which the cardholder deposits a certain amount of reserve fund according to the requirements of the bank, and when the reserve fund is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank.

(1) credit card

Credit card, usually called credit card, refers to the credit card that the issuing bank gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay. It has the following characteristics: consumption before repayment, interest-free repayment period (up to 56 days), minimum repayment amount, and repayment by installments when customers overdraw. Customers need to pay a certain annual fee to the bank they apply for, and each bank is different.

(2) Quasi-credit card

Quasi-credit card is a single-currency single-account credit card, with interest-bearing deposits in RMB, which is used for credit card consumption, and has the functions of transfer settlement, cash deposit and withdrawal, credit consumption, online banking transactions and so on. When the balance of credit card consumption and cash withdrawal account is insufficient to pay, the cardholder can overdraw consumption and cash withdrawal within the specified limited credit limit and charge a certain interest. There is no interest-free repayment period.