Go easy on the plastic, banks told
By Zhu Zhe | China Daily | Updated: 2009-04-03 07:39
Getting a credit card may not be as simple as it is now.
A top official of the People's Bank of China has asked financial institutions across the country to "carefully check the applicant's identity and their previous credit records before issuing them credit cards".
Su Ning, vice-president of the central bank, further urged banks to monitor card transactions in real time and tighten control of self-transfer services.
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