In July this year, the large-amount cash management pilot project was officially launched in Hebei Province. From October 1st, large cash management will also be piloted in Zhejiang and Shenzhen.
In recent years, although my country's non-cash payment business has developed rapidly, the total amount of cash in circulation has remained stable, and the volume of large-value cash transactions has continued to grow. Large-value cash withdrawals have become an important channel for circulating cash. Strengthening the management of large amounts of cash is conducive to ensuring reasonable demand, suppressing unreasonable demand, and providing support for curbing the use of large amounts of cash to commit crimes.
What are the changes in large cash deposits and withdrawals in the pilot areas?
It is reported that the starting point for the management amount of public accounts in all regions is 500,000 yuan, and the starting point for the management amount of private accounts is 100,000 yuan in Hebei Province, 300,000 yuan in Zhejiang Province, and 200,000 yuan in Shenzhen.
Simply understand, if in Hebei, an individual wants to go to a bank to deposit or withdraw more than 100,000 yuan or a company deposit or withdraw more than 500,000 yuan, an appointment must be made in advance for large withdrawals, and all deposits and withdrawals must be registered, indicating the source of deposit or the purpose of withdrawal, etc.
In the specific process, the information required to fill in the cash deposit and withdrawal registration forms of all banks is basically the same. Take individual customers as an example. On the deposit registration form, you generally need to fill in the account number and withdrawal amount, and check the deposit sources such as salary income, production and operation income, labor remuneration income, dividend income, property transfer income, etc.; in the withdrawal registration form On the above, in addition to filling in the account number and withdrawal amount, you also need to check the use of the funds such as food, tobacco and alcohol, clothing, housing, daily necessities and services, transportation and communication, medical care, education, culture and entertainment, overseas consumption, overseas investment, etc.
In fact, it has been practiced for many years that commercial banks require appointments for large cash withdrawals. Under the trend of declining total demand for cash and diversification of the structure, standardizing large-value cash withdrawal appointments can better meet public needs and effectively reduce social costs.
Experts said that, whether it is a business or an individual, if the cash usage demand exceeds the above-mentioned limit, as long as in accordance with regulations, after certain registration procedures are performed, the deposit and withdrawal of large amounts of cash will not be affected, and the management of large amounts of cash will not affect the public's business handling Experience.
Under the premise of being legal and reasonable, the public's freedom of depositing and withdrawing funds is fully protected, and the personal privacy of residents and the relevant business secrets of enterprises are strictly protected. The People's Bank of China stated that it has deployed commercial banks to integrate business information, and the existing information in the system is not collected repeatedly, so as to minimize the amount of information that needs to be filled by customers and improve service levels. At the same time, the People's Bank of China will urge all commercial banks to strictly comply with the "Anti-Money Laundering Law" and other relevant laws and regulations to effectively protect the public's personal privacy information.
(Chai Jin)