What are the new regulations on bank transfers, and the new regulations on personal bank transfers i

Starting from March 1, 2022, financial institutions will increase control over corporate and individual bank accounts, and conduct due diligence on customer identity information and transaction records. Among them, if a natural person handles a single cash deposit and withdrawal business of more than 50,000 yuan in RMB or more than 10,000 US dollars equivalent in foreign currency, the identity of the customer shall be identified and verified, and the ** or purpose of the funds shall be understood and registered. Article 10 of the Measures for the Management of Customer Due Diligence and the Preservation of Customer Identity Information and Transaction Records of Financial Institutions provides that if a commercial bank, rural cooperative bank, rural credit cooperative, village or township bank or other financial division or institution handles a single cash deposit and withdrawal business of more than 50,000 yuan in RMB or more than 10,000 US dollars equivalent in foreign currency for natural person customers, it shall identify and verify the identity of the customer, understand and register the first or the purpose of the funds.

Legal analysisThe latest regulations on personal transfer are as follows: 1. The personal card pays for the company's purchases, and then invoices are issued to the enterprise and recorded; 2. The personal card pays for the company's large expenses, and then invoices are issued to the enterprise and recorded, except for the company's sporadic cash expenses; 3. After the personal card pays the wages of the employees, the enterprise will re-enter the account; 4. Enterprises falsely open, falsely offset invoices, and falsely enter accounts; 5. Use personal bank cards to collect the company's sales money; 6. The above four items cause the fake cash in the account to be diverted, and it is resolutely impossible to have it.

The new banking regulations to be implemented are to stop money laundering, terrorist financing and other criminal activities, and once the financial institutions suspect that the transferred capital is involved in a crime, regardless of the amount of money, it is necessary to review, and a corresponding report must be submitted, and in serious cases, it needs to be frozen.

Legal basisArticle 29 The funds of the RMB card account of the unit shall be transferred and deposited from the basic deposit account, and no cash shall be deposited or withdrawn, and the income from sales shall not be deposited into the account of the unit card. Article 31 The funds in an individual's RMB card account shall be deposited with the cash they hold or transferred and deposited with their salary funds, lawful remuneration for labor services, investment returns, and other income.

Legal analysis preparation: From January 1, 2019, the central bank's new regulations on the reporting of large-value transactions by non-bank payment institutions will come into effect, and large-value transactions and abnormal flow of personal accounts will be subject to the central bank's supervision and control management; This includes not only bank account receipts and expenditures, online banking receipts and expenditures, but also records of non-bank payment institutions such as Alipay and WeChat Pay. In the future, if users use Alipay or WeChat to spend more than 50,000 yuan and transfer more than 200,000 yuan, they may be included in the large-scale suspicious transactions for monitoring.

Since January 1, 2019, if the cash receipts and disbursements of individuals using third-party payment institutions in a single day reach more than 50,000 yuan, domestic transfers of 500,000 yuan, or cross-border transfers of more than 200,000 yuan, payment institutions must submit large-value transaction reports to the central bank. At the same time, Internet financial institutions are also required to report large cash transactions of more than 50,000 yuan. Industry insiders pointed out that the new regulations are for the needs of anti-money laundering and anti-terrorist financing, and will not affect the normal account transactions of individuals and enterprises.

Legal basis: Measures for the Administration of RMB Bank Settlement Accounts Article 3 Bank settlement accounts are divided into unit bank settlement accounts and individual bank settlement accounts according to depositors. (1) The bank settlement account opened by the depositor in the name of the unit shall be the bank settlement account of the unit.

Corporate bank settlement accounts are divided into basic deposit accounts, general deposit accounts, special deposit accounts, and temporary deposit accounts according to their purposes. The bank settlement account opened by an individually-owned business with a business license or in the name of the operator shall be included in the management of the unit's bank settlement account. (2) The bank settlement account opened by the depositor in the name of the natural rotten friend with his personal identity document is a personal bank settlement account.

The accounts opened by postal savings institutions for bank card business shall be included in the management of personal bank settlement accounts.

New rules for bank transfers that are relevant to everyone

1.In order to prevent and crack down on telecom network fraud, starting from December 1, ATM (self-service teller machine) transfers, in addition to the transfer of one's own peer account can be received in real time, one's inter-bank and transfer to others can only arrive in the account after 24 hours; If there is any doubt about the transfer, it can be reversed within 24 hours.

2.Check and clean up multiple people using the same contact** to open an account.

If multiple people use the same contact number to open and use an account, the bank will conduct an investigation and cleanup; If the reasonableness cannot be proven, the non-counter business of the relevant account will be suspended in accordance with the provisions of the Circular of the People's Bank of China.

3.If there is no transaction record for more than 6 months, the account will be frozen.

In addition, the new regulations issued by the central bank also stipulate that for accounts with no transaction records within 6 months from the date of account opening, banks shall suspend non-counter business, and payment institutions shall suspend all business, and only after the entities and individuals have re-verified their identities with banks and payment institutions can resume business.

These new regulations of the bank, in addition to the relevant clean-up of personal accounts, also further improve the security of the account, it is recommended that in a bank to open multiple accounts can be verified and sorted out by individuals, but also to ensure the security of personal accounts, will be bound to Alipay, WeChat and other daily consumption of the binding account.

Legal analysis: The handling fees and arrival time of inter-bank transfer and dispersion of major banks vary according to the transfer method and transfer amount, and the general situation of the five state-owned banks is sorted out here. There is no handling fee for mobile banking inter-bank transfer of the five banks, and the handling fee for over-the-counter inter-bank transfer, ATM machine, and online banking transfer is different.

Legal basis: Buzhi Commercial Bank Law of the People's Republic of China

Article 4 A commercial bank shall operate on its own terms, bear its own risks, assume its own profits and losses, and exercise self-restraint in accordance with its operating principles.

Commercial banks shall conduct business in accordance with the law and shall not be interfered with by any unit or individual.

Commercial banks shall independently bear civil liability with all their corporate assets.

Article 5 Commercial banks shall follow the principles of equality, voluntariness, fairness, and good faith in their business dealings with customers.

Article 6 A commercial bank shall ensure that the legitimate rights and interests of depositors are not infringed upon by any unit or individual.