Page 1 of 1

Millions of Chinese Customers Unable to Access Their Bank Deposits

Posted: Tue May 24, 2022 4:58 pm
by claireokc
Millions of Chinese bank customers have not been able to access their deposits for more than a month. While the Chinese bank regulator claimed that its investigation found illegal wealth collecting activities involving a major shareholder and a third party platform, customers believe the regulator failed to safeguard people’s interest in the first place. On April 18, customers of four rural banks in Henan Province found that their accounts were restricted when they tried to make a regular withdrawal. On the 18th and 19th, the relevant banks issued notices of system upgrading and maintenance, and suspension of internet banking and mobile banking services....

Source: https://www.theepochtimes.com/millions- ... 86878.html