Personal cash withdrawal over 50,000 yuan need to register delay implementation, the central bank: technical reasons

2022-05-20 0 By

Whip NiuShi Feb. 21 news, said the central bank announced today night, will take effect on March 1, 2022 of the financial institutions customer due diligence and client id information and transaction records management method “(silver insurance regulatory commission of the People’s Bank of China securities regulatory commission to [2022] no. 1) suspend enforcement due to technical reasons, according to the provisions of the relevant business.Previously on January 26, the website of the central bank disclosed the “measures”, effective from March 1.”Method” clear, commercial Banks, rural cooperative Banks, rural credit cooperatives, village Banks and other financial institutions deal with single 50000 yuan of above for natural person customer or foreign currency more than 10000 dollars in cash equivalent access to business, shall identify and verify customer’s identity, to understand and the source of the registered capital or purpose.