Residents’ savings locked up?From March, there will be new rules for personal cash withdrawals

2022-04-23 0 By

On January 20, the National Bureau of Statistics (NBS) updated and announced the 2021 per capita disposable income data of residents in 31 provinces.Among them, the per capita disposable income of residents in Shanghai and Beijing exceeded 70,000 yuan, far exceeding that of other provinces.The so-called resident disposable income refers to the sum of the resident’s final consumption expenditure and savings, that is, the resident disposable income, including cash income and income in kind.According to data, the per capita disposable income of Shanghai residents in 2021 will reach 78,027 yuan, nearly 80,000 yuan mark, ranking first in China.Beijing ranks second only to Shanghai in China.In 2021, the per capita disposable income of Beijing residents will exceed 70,000 yuan for the first time.Zhejiang ranks third in China after Shanghai and Beijing.According to data, the per capita disposable income of zhejiang residents reached 57,541 yuan in 2021, making zhejiang the only member of the 50,000 yuan club.In terms of the per capita disposable income of the top three residents, Shanghai and Beijing are members of the 70,000 yuan club, while the 60,000 Yuan club has no members.As a result, Zhejiang is still a long way from Shanghai and Beijing.As can be seen from the above data, Chinese people’s income is getting higher and higher, and with the impact of the epidemic in the past two years, Chinese people’s awareness of saving is also getting higher and higher.By the end of December 2021, domestic foreign-currency deposits stood at 238.61 trillion yuan, up 9.3 percent year on year, according to data released by the central bank.Of course, more than 200 trillion yuan is not ordinary people’s deposits, but household deposits, non-financial enterprise deposits, non-bank financial institutions and fiscal deposits.In 2021, household savings will increase by 9.9 trillion yuan, or 7,021 yuan per person based on 1.41 billion people.What’s the average annual deposit?China Statistical Yearbook 2021 shows that by the end of 2020, the balance of RMB household savings in China was 9,259,86 billion yuan.Add in 9.9 trillion yuan, and the total household savings in 2021 is 102.5 trillion yuan.After calculation, the per capita deposit is 72,700 yuan.There are two main reasons why Chinese people like to save money.First of all, bank deposits are safe and can be used at any time.The second is that you can earn interest if you deposit your money in the bank.It is, so to speak, a “sure win” business.However, as many criminals laundered money through some illegal means, banks made great changes in management and issued many new regulations.For example, when we deposit or withdraw money in an account, if we exceed a certain amount, we will be “targeted” by the bank and the bank will audit the account, which many people don’t understand.Hebei, Zhejiang and Shenzhen have taken the lead in piloting large cash management.What does that mean?In short, if the amount of deposit or withdrawal exceeds 500,000 yuan for the unit and 100,000 yuan for the individual, investigation and registration are required, including appointment, registration and indication of purpose, etc. Of course, the standards are different in different places.The starting amount for individual deposits and withdrawals is 300,000 yuan in Hebei province and 200,000 yuan in Shenzhen.According to a notice from the central bank, the trial will be implemented for two years in the regions.In fact, the decision was taken by the central bank last year.The pilot project was launched after nearly seven months of public consultation.While most people are now used to mobile payments and rarely use cash, don’t think that’s not important.If you are someone who regularly visits the bank to make deposits and withdrawals, you should know about this policy.For now, however, the only people who need to know about the policy are residents of Hebei, Zhejiang and Shenzhen.This is because it is being piloted in these three regions, but when it is completed, it will eventually be extended to the whole country.Not long ago, a new threshold regulation was issued, and it is for the whole country.Not long ago, the People’s Bank of China issued the measures for the Management of Due diligence of Financial Institutions’ Customers and the Preservation of Customer Identity Information and Transaction Records.It is understood that the measures will take effect from March 1, 2022, and banks will have two requirements, one is to explain the source of the funds, the other is to inform the purpose of the funds.That means where your money is coming from and what you’re going to do with it.The reason for this is to prevent some people from taking cash to launder money or do other illegal things.Compared with mobile payments, cash is stealthily and untraceable.It is easy to be used for corruption, bribery, tax evasion and other illegal acts.The supervision of large cash deposits and withdrawals is the need of social reality.In fact, the U.S. already has a “Large cash Transaction Reporting system,” which requires banks to report the source of cash to the authorities if deposits exceed $10,000.China’s institutional construction in this area started late, but drawing lessons from the experience of the Relevant institutional construction in the United States, will be carried out comprehensively in the future.After the policy was introduced, many people opposed it.They argue that this method is too cumbersome and wastes depositors’ time.In fact, banks do not restrict consumer spending.Banks will still consider the safety of depositors’ money.Nowadays the Internet is too developed.Some scams are able to defraud domestic people of their savings from abroad.They target middle-aged and elderly people and pretend to make friends with them through online chats.After winning their trust, the older adults believed whatever lies the fraudsters used to deceive them.If there were no limits on large deposits, it would be hard for a victim to get money back after wiring it into a scammer’s account.This is where the importance of a large deposit comes into play.In fact, the starting point of implementing any policy is for the people themselves, and the central bank has made its decision after many studies and arguments.The implementation of this policy is undoubtedly carried out without affecting People’s Daily life.In short, there’s one thing everyone needs to know.As long as the deposits are reasonable, bank staff usually do not embarrass customers and are even accepted as good customers by default, with special calls and text messages on special occasions such as holidays.Have you ever received a phone call from your bank asking about expenses?Welcome to comment!Want to know more exciting content, come to pay attention to the big talk enterprise