However, just recently, the central bank issued a new regulation. Starting from March 1, it may not be so "easy" if you want to deposit and withdraw more than 50,000 yuan or 10,000 US dollars of cash.

is the end of the year, which is the time to use a lot of money, and depositing and withdrawing cash is also an indispensable operation.

However, just recently, Central Bank issued a new regulation. Starting from March 1, it may not be so "easy" if you want to deposit and withdraw more than 50,000 yuan or 10,000 US dollars of cash.

Of course, the real situation is definitely not what is rumored on the Internet. If you say "if you exceed 50,000, you will not be allowed to withdraw it." Instead, you need to go through three more "levels" before depositing and withdrawing cash. It sounds very troublesome, but it is very necessary.

1. Verify the identity of the handler

That is to say, from March, as long as you plan to deposit and withdraw more than 50,000 yuan (or 10,000 US dollars), you cannot apply directly at the ATM machine (especially deposit). Instead, you must bring your ID card and ask the bank's handling staff to confirm your identity information and then sign it. The reason why

does this is to leave accurate traces of cash flow so that it can be tracked if necessary in the future.

1. Verify the source of funds

That is to say, deposit and withdraw more than 50,000 yuan (or 10,000 US dollars), the bank needs to verify how you get the money, whether it is legal or illegal.

If this is your legitimate income, such as salary, bonus, financial income, etc., then there is no need to worry at all.

But if it is illegal income, typical examples such as fraud, gambling, or even bribery, it is likely to provide key clues for subsequent inspections.

3. Verify the purpose of funds

This is the second point. You need to explain the source of income. Deposits and withdrawals of more than 50,000 yuan (or 10,000 US dollars) need to explain the purpose.

As long as your purpose is legitimate, don't worry.

Seeing this, many people may think that the deposit and withdrawal of my own money is all my own money, so why is it still so troublesome?

In fact, it is not difficult to see from the above content that it is targeted at some illegal activities related to cash, especially "money laundering".

The so-called money laundering refers to the act of concealing, concealing and converting the illegal income obtained from crimes or other illegal acts through various means to legalize it in form.

Cash is a commonly used channel for money laundering, because cash is not like bank transfers, and it is difficult to record once withdrawn, so it is necessary to form monitoring in the deposit and withdrawal process.

So for ordinary people, although it will be a little troublesome in the future, it also protects our legal funds in disguise.