123 Official "Access to account" service with a minimum fee of $100 for transfer services.

On June 4th, IT House News, 123 clouds released today a Circular on the Official Service for Official Access to Accounts, announcing that the Platform officially launched an official "Access to Accounts" service to safeguard the interests of both parties.

In the near future, the Platform has received suggestions from some users on account transfer claims and the opening of official transfer services. It is for the record that there are extremely high security and legal risks associated with the private sale and transfer of accounts and that the Platform strongly discourages and does not protect such unofficial transactions.

In order to ensure that the account number assets and legal interests of a wide range of users are safeguarded, to regulate the transfer of account rights and interests and to meet the need for a reasonable level of compliance by users, the Platform has officially launched the official "Account Right to Access" service. The core purpose of this service is to provide the recipient with a clean, secure and initial compliance account number and to secure the rights and interests of both parties to the transaction in order to achieve a legal transfer of personal virtual assets to the grantor.

It was stated that official transfers would be carried out in a uniform and standardized manner, retaining all unexpired payment rights in the original account (the validity of the interest remains the same); empting all personal data in the original account, such as records of use, folders, equipment log-in; and restoring the replacement account number to a new initial registration. Upon completion of the transfer, the transferee automatically becomes the legal owner of the account and eliminates the risk of the original user recovering, malicious claims, etc.

In addition, the transfer fee is charged at 20 per cent of the contract price at a minimum fee of $100. The Platform will conduct an official assessment of account equity and approve market guidance prices based on market conditions at the time of the transaction; if the contract is concluded at a price lower than the market guidance price, the service charge will be charged at 20 per cent of the market guidance price.

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