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Text Banking Service
Terms and Conditions
Effective from 1 December 2012Contents
Section×Page
1. Introduction2
2. Text Banking Messages3
3. Security3
4. Termination and Suspension4
5. Responsibilities
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What is text banking service?
Text banking service allows customers to check account balance, transfer funds, and receive account alerts through text messages on their mobile phones.
Who is required to file text banking service?
Financial institutions offering text banking services are required to file reports with regulatory authorities.
How to fill out text banking service?
Financial institutions can fill out text banking service reports electronically through the designated regulatory portal.
What is the purpose of text banking service?
The purpose of text banking service is to provide customers with convenient access to their account information and transactions through their mobile phones.
What information must be reported on text banking service?
Reports on text banking service must include details of customer transactions, account balances, and any alerts sent to customers.
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