At present, the bank card has become the most important payment tool used by individuals abroad, and it has also become an important way for money laundering, corruption and other criminal activities.

On June 2nd, the State Administration of Foreign Exchange (hereinafter referred to as "SAFE") issued "Collecting information on overseas cash withdrawal and consumption transactions of domestic bank cards from September 1 day", and on August 3rd, it issued a notice again saying that issuing banks should submit information on overseas transactions of bank cards from September 2nd1day.

Overseas card transaction information is reported in advance 1 1 day.

The new regulation is to prevent illegal money laundering overseas.

The information collected is mainly in the following two aspects: first, the cash withdrawal transaction of domestic bank cards at counters, ATMs and other places and equipment of overseas financial institutions; The second is a single consumption transaction of domestic bank cards with an equivalent value of more than RMB 1 1,000 in overseas entities and online merchants.

"Through data collection, consumption abroad and overseas cash withdrawals of bank cards are matched with consumers' personal information. The main purpose is to strengthen the management of illegal overseas transactions of bank cards. " A related person from the SAFE said.

"This time, SAFE directly collects relevant data from card-issuing financial institutions and does not involve personal declaration. Therefore, the level of charging standards does not affect the actual use of bank cards by individuals for transactions. "A related person from SAFE said.

Since 2007, SAFE has increased the convenient amount of personal annual foreign exchange purchase from $20,000 to $50,000, that is, each person can buy foreign exchange with a total value of less than $50,000 in the bank every year without any restrictions, and can handle current accounts exceeding the annual total with real proof materials.

Haitao, overseas travel and study abroad have not been affected.

Will the new rules of SAFE affect consumption abroad residents?

The answer is no, in fact, the overseas transaction information of bank cards is submitted by the issuing financial institutions, and individuals do not need to declare separately, which will not increase the cost of personal card use. The foreign exchange bureau will protect the information security of cardholders according to law.

Relevant persons of SAFE said that the new regulations only collected the parts that need to be declared in these records, and then submitted them in summary, not an additional excessive collection of personal information.

The transaction information was reported to the safe, not the customs, and it was unnecessary to worry that' customs clearance was taxed'.

At the same time, according to the new regulations of SAFE, this report is limited to domestic bank cards, which refer to all kinds of bank cards with the logo of bank card clearing institution issued by domestic card-issuing banks, excluding overseas bank cards and non-bank payments. For example, ICBC Asia, China Construction Bank Lutong, Bank of China Hong Kong and other overseas cards withdraw money for consumption, and the transaction records of Alipay and WeChat wallet consumption will not be collected and reported.

Personal overseas credit card swiping will be automatically counted once it exceeds 1 0,000 yuan. If consumption abroad has more than 1 ,000 yuan for a long time, it may be regarded as suspected money laundering, and then it will be focused on.