Central bank: non bank payment institution customers need to report more than 50 thousand yuan per day.


Central bank: non bank payment institution customers need to report more than 50 thousand yuan per day.

Central bank: non bank payment institution customers need to report a single day cumulative transaction volume of RMB 50 thousand yuan or more.

Non bank payment institutions shall calculate and report the following large transactions on the basis of their clients' income and expenditure unilaterally:

1 on the same day, the cash receipts and payments of a single pen or cumulative transaction amount of RMB 50 thousand yuan (including 50 thousand yuan) and foreign currency equivalent to more than 10 thousand US dollars (including 10 thousand US dollars).

2 an unnatural person's account is transferred to a single or cumulative amount of RMB 2 million yuan (2 million yuan) and a foreign currency equivalent of more than $200 thousand (including $200 thousand) on the same day.

3 the domestic payment of a single or cumulative amount of RMB 500 thousand yuan (500 thousand yuan) or more than $100 thousand in foreign currency (including $100 thousand) on the day of the customer's payment of the account and other accounts.

4 the cross-border payment of a single or cumulative amount of RMB 200 thousand yuan (200 thousand yuan) or more than $10 thousand in foreign currency (including $10 thousand) on the day of the customer's payment account and other bank accounts.

In July 13th, the people's Bank of China issued a notice on the requirements of the non bank payment institutions to carry out large trading reports. The notice was further improved in order to implement the regulations on the management of large transactions and suspicious transaction reports of financial institutions (the people's Bank of China (2016) No. third). In order to improve the effectiveness of fund monitoring, we should put forward relevant requirements for non bank payment institutions to implement the large transaction reporting system.

Notice of the people's Bank of China on the requirements for non bank payment institutions to carry out large scale transaction reports

The people's Bank of China, Shanghai headquarters, branches, business management department, provincial capital (capital) City Central Branch, sub provincial municipal central branch, National Development Bank, various policy banks, state-owned commercial banks, joint-stock commercial banks, China Postal Savings Bank:

In order to implement the regulations on the management of large transactions and suspicious transaction reports of financial institutions (the decree of the people's Bank of China [2016] No. third), the relevant provisions should be made to further improve the working mechanism of large volume and suspicious transaction reporting, to improve the effectiveness of the monitoring of funds, and to implement a large transaction reporting system for non bank payment institutions. The notice of the request is as follows:

I. non bank payment institutions should earnestly fulfill the obligations of reporting large transactions.

The provisions of the law on anti money laundering in People's Republic of China, the management measures for large transactions and suspicious transaction reports of financial institutions, and other relevant laws and regulations, strengthen the responsibility of the board of directors and the senior management for anti money laundering, and promote the implementation of large transaction reporting system, process, system construction and so on at the headquarters or group level. We need to effectively protect the resource needs of relevant personnel, information and technology. Non bank payment institutions and banking institutions should strengthen information transmission, provide complete, accurate and timely customer identity information and transaction information for the other party to perform large transaction reporting obligations, and continue to improve the information on the chain of upstream and downstream.

Two. Non bank payment institutions should calculate and report the following large transactions on the basis of clients' income and expenditure unilaterally:

(1) the cash receipts and payments of more than 50 thousand yuan (50 thousand yuan) and more than $10 thousand in foreign currency (including $10 thousand) on the day of a single or cumulative amount of transaction.

(two) an unnatural person's account is transferred to a single or cumulative amount of RMB 2 million yuan (2 million yuan) or more than $200 thousand in foreign currency (including $200 thousand) on the day of the occurrence of other accounts.

(three) the transfer of domestic payments on a single or cumulative amount of RMB 500 thousand yuan (500 thousand yuan) or more than $100 thousand in foreign currency (including $100 thousand) on the day of the occurrence of a natural person's customer payment account or other account.

(four) the transfer of cross-border payments on a single or cumulative amount of RMB 200 thousand yuan (200 thousand yuan) or more than $10 thousand in foreign currency (including $10 thousand) on the day of the payment of a natural person's account and other bank accounts.

The people's Bank of China can adjust the reporting standard of large transactions according to needs.

Three. The non bank payment institution shall submit a large transaction report in accordance with the standard of the second article of this notice through the transfer of the bank account and the bank account through the non bank payment institution.

Four. Through the transfer between the prepaid card and the bank account, the prepaid card issuer shall submit a large transaction report in accordance with the standards of the second articles of this notice.

Five. For the cross-border receipt, the non bank payment institution should calculate and submit a large amount of transaction report by the RMB transaction amount paid by the customer; the non bank payment institution shall calculate and submit a large amount of transaction by the non bank payment institution by binding the foreign bank card. Presentation.

Six. Non bank payment institutions may not report large transactions that meet one of the following requirements, such as no transaction or suspicious behavior.

(1) the party is the party's organs at all levels, the state power organs, the administrative organs, the judicial organs, the military organs, the people's Political Consultative Conference and the people's Liberation Army and the armed police force, but does not include all kinds of enterprises and institutions subordinate to them.

(two) the fee charged by non bank payment agencies to handle related business for customers.

(three) the trading background is to pay public utilities such as water, electricity, gas and so on.

(four) other circumstances determined by the people's Bank of China. The people's Bank of China can adjust the scope of free trade in large transactions according to needs.

Seven, non bank payment institutions should submit large transaction reports electronically within 5 working days from the date of the completion of large transactions. Large transactions are completed in the form of funds transferred to payment accounts or bank accounts.

Eight. The non bank payment institution referred to in this notice means an institution that provides for the payment of business license according to the measures for the service management of non financial institutions (the people's Bank of China (2010) second). The prepaid card issuer means that the payment business license is obtained in accordance with the law and is allowed to be handled. Non bank payment institutions issuing and accepting prepaid cards.

Non natural customers, including legal persons, other organizations or individual business households, other accounts, including others' payment accounts, personal or other bank accounts of others; other bank accounts, including bank accounts of themselves or others.

Nine. Non bank payment institutions should submit large transaction reports in accordance with the provisions of this circular from January 1, 2019. The specific elements, format and requirements of the large transaction report shall be separately stipulated by the people's Bank of China. The other requirements of the non bank payment institutions to carry out large trading reports are implemented in accordance with the relevant provisions of the regulations on the management of large transactions and suspicious transaction reports of the financial institutions.

The Shanghai headquarters of the people's Bank of China, the branches, the business management department, the provincial capital city central branch and the sub provincial municipal central branch of the provincial capital are forwarded to the commercial banks, the rural cooperative banks, the rural credit cooperatives, the village banks and the non bank payment institutions.


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