Does the Bank of China Great Wall Cross-border International Debit Card need to activate the small-amount password-free and visa-free function:
1. Normal transactions with EMV debit cards at merchants do not require "small amounts" /Signature-free” function. You only need to use the "Small Amount/Signature-Free Password" function when you are conducting small-amount, password-free or signature-free transactions at merchants that do not accept password transactions.
2. Most merchants accept consumption or cash withdrawals with passwords. For a few merchants that only rely on signatures, the "small amount/password-free with signature" function can be used, but it is recommended to turn off this function immediately after use. .
3. It is recommended to set a limit for the "small amount/password-free with signature" function. Small-amount transactions can only be done with a signature, while large-amount transactions require verification of the password before the transaction can be completed. This function is effective immediately, and it is recommended to turn it off immediately after the transaction is completed to reduce the risk of being swiped.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.