Every registered capital should be traceable. This is also an appropriate supplement to crack down on crime, prevent capital flight and prevent the risk of bank run. Different from the past, no matter how you withdraw money or transfer money, the bank will not impose restrictions. At most, it can give a warm reminder to middle-aged and elderly customers to confirm that the payee is not a liar. Therefore, it is a trend to monitor the flow of a large number of personal funds. The attitude is clear and the means are direct. I think we can't just consider privacy protection and information disclosure, because the implementation of many financial policies is bound to protect people's property safety and maintain national financial stability.
Personal consumption loans must be used for loan purposes. If it is a commercial loan, it is generally necessary to pay it back first, and the requirements are relatively strict. In the current economic downturn, it is normal for banks to be strict. The bank will conduct a follow-up investigation according to the purpose and the current economic situation, and whether to implement it. Prevent escape. The punishment depends on the contract. Generally, you only need to repay on time when it is due.
Borrower signs loan commitment letter:
Banks generally require borrowers to sign a loan commitment letter and promise not to use the loan funds for illegal purposes.
Post-loan management:
Bank loans generally include pre-loan review, in-loan inspection and post-loan management. After the loan is issued, the bank will also keep abreast of the use of funds after the loan is issued. Finally, if the borrower fails to use the loan funds according to the specified purposes, the bank can charge a penalty interest, or even cancel the loan contract and recover the loan in advance.