According to the "Measures for the Administration of Reporting of Large-Amount and Suspicious Transactions by Financial Institutions"
Article 11 Commercial banks, urban credit cooperatives, rural credit cooperatives, postal savings and remittance institutions, policy-based Banks and trust investment companies shall report the following transactions or behaviors as suspicious transactions:
(1) Dispersed transfers in, centralized transfers, or centralized transfers in or dispersed transfers of funds in the short term, which are inconsistent with the identity of the customer. , financial status and operating business are obviously inconsistent.
(2) Frequent fund receipts and payments occur between the same payee and payee in the short term, and the transaction amount is close to the large-amount transaction standard.
(3) Legal persons, other organizations and individual industrial and commercial households frequently receive remittances in the short term that are obviously unrelated to their business operations, or natural person customers frequently receive remittances from legal persons or other organizations in the short term.
(4) Accounts that have been idle for a long time are suddenly activated for unknown reasons or accounts that usually have small capital flows suddenly have abnormal fund inflows, and a large amount of funds are received and paid in a short period of time.
(5) Fund transactions with customers from areas with serious drug trafficking, smuggling, terrorist activities, gambling, or tax avoidance offshore financial centers have increased significantly in a short period of time, or large amounts of funds have been collected frequently. pay.
(6) There are no normal reasons for opening and closing long accounts, and a large amount of funds are received and paid before the account is closed.
(7) Early repayment of the loan is obviously inconsistent with its financial status.
(8) Most of the foreign exchange and RMB funds purchased by customers for overseas investment are in cash or transferred from bank accounts with different names.
(9) The customer requests swap business between domestic and foreign currencies, but the source and use of the funds are suspicious.
(10) Customers often deposit traveler's checks or foreign currency draft deposits issued overseas, which is inconsistent with their business conditions.
(11) Foreign-invested enterprises invest in foreign currency cash or quickly transfer funds overseas in a short period of time after receiving investment funds, which is inconsistent with their production and operation payment needs.
(12) The amount of capital invested by the foreign party in a foreign-invested enterprise exceeds the approved amount or the direct foreign debt borrowed is remitted from a third country that has no associated enterprise.
(13) Securities operating institutions instruct banks to transfer funds unrelated to securities trading and clearing, which is inconsistent with their actual operating conditions.
(14) Securities operating institutions frequently borrow large amounts of foreign exchange funds through banks.
(15) Insurance institutions frequently pay large amounts of compensation or cancel insurance policies to the same policy holder through banks.
(16) Frequent cash receipts and payments in bank accounts of natural persons with suspicious circumstances, or large one-time cash deposits and withdrawals with suspicious circumstances.
(17) After a resident natural person frequently receives foreign exchange remitted from abroad, he or she requires the bank to issue a traveler’s check or a money order, or a non-resident natural person frequently deposits foreign currency cash and requires the bank to issue a traveler’s check or a money order to take it out. Or make frequent orders and cash large amounts of traveler's checks and money orders.
(18) When multiple domestic residents accept remittances from an offshore account, the transfer and settlement of funds are operated by one person or a small number of people.
Article 12 Securities companies, futures brokerage companies, and fund management companies shall report the following transactions or behaviors as suspicious transactions:
(1) Unexplained changes in customer fund accounts Cash receipts and payments that are close to the standard for large-amount cash transactions frequently occur, clearly evading the monitoring of large-amount cash transactions.
(2) Customers who have no transactions or a small transaction volume request to transfer a large amount of funds to other people's accounts without any obvious transaction purpose or use.
(3) The customer’s securities account has been idle for a long time, while the capital account frequently receives and pays large amounts of funds.
(4) Accounts that have been idle for a long time are suddenly activated for unknown reasons, and a large number of securities transactions occur in a short period of time.
(5) Having business contacts with countries and regions with high risk of money laundering.
(6) Buying and selling securities in large quantities in a short period of time after opening an account, and then closing the account quickly.
(7) The customer has not conducted futures transactions for a long time or has conducted a small amount of futures transactions, but a large amount of funds have been received and paid in his capital account.
(8) Customers who have not traded futures for a long time suddenly frequently trade futures for unknown reasons in the short term with huge amounts of funds.
(9) The customer frequently uses the same futures contract as the underlying, opens a position at one price, and opens a reverse position at the same or approximately the same price, with the same amount or close to the same amount, and then closes the position and is eliminated. , withdraw funds.
(10) When the customer, as a seller of futures transactions, delivers imported goods, he cannot provide complete customs declaration documents and tax payment vouchers, or provide forged or altered customs declaration documents and tax payment vouchers.
(11) The client requires fund shares to be transferred without trading and cannot provide legal supporting documents.
(12) Customers frequently transfer custody of fund units without reasonable reasons.
(13) The customer requests to change his or her information, but the relevant documents provided are suspected of being forged or altered.
Article 13 Insurance companies shall report the following transactions or behaviors as suspicious transactions:
(1) Decentralized insurance purchase and concentrated withdrawal of insurance in a short period of time, or centralized insurance purchase and scattered withdrawal of insurance in a short period of time. It cannot be reasonably explained.
(2) Frequently taking out insurance, surrendering insurance, changing insurance types or insurance amounts.
(3) Paying special attention to insurance companies’ auditing, underwriting, claims settlement, benefits and surrender regulations, but not paying attention to the protection functions and investment returns of insurance products.
(4) When surrendering the policy during the hesitation period, it is reported that a large amount of invoices have been lost, or the same policyholder has surrendered the policy multiple times within a short period of time and the total amount of lost invoices reaches a large amount.
(5) It is found that the information obtained about the name, title, address, contact information or financial status of the policy holder, the insured and the beneficiary is untrue.
(6) The insurance product purchased is obviously inconsistent with the stated needs, and the financial institution and its staff still insist on purchasing it after explanation.
(7) Purchasing large-amount insurance policies in single payment is inconsistent with the financial situation.
(8) A large premium policy surrenders during the hesitation period, surrenders the policy within a short period of time after the effective date of the insurance contract, or withdraws the cash value, and requires the surrender funds to be transferred to a third-party account or a non-payment account.
(9) Not paying attention to the large monetary losses that may result from the surrender of the policy, but insisting on surrendering the policy without being able to reasonably explain the reasons for the surrender.
(10) Obviously overpaying the insurance premium payable for the current period and immediately requesting the return of the excess amount.
(11) Insurance brokers pay premiums on their behalf, but cannot explain the source of funds.
(12) Legal persons or other organizations insist on refunding premiums in cash or by transferring them to non-payment accounts, and cannot reasonably explain the reasons.
(13) The initial premium or single premium of a legal person or other organization shall be paid from an account other than that of the unit or from an overseas bank account.
(14) Payment of natural person insurance premiums through a third party without reasonable explanation of the relationship between the third party and the policy holder, insured and beneficiary.
(15) Having business contacts with countries and regions with high risk of money laundering.
(16) Without reasonable reasons, the policy holder insists on using cash to purchase insurance, make compensation, pay insurance premiums, return insurance premiums and cash value of the policy, or pay other funds in large amounts.
(17) When an insurance company pays compensation or insurance benefits, the customer requests that the funds be remitted to a third party other than the insured or beneficiary; or the customer requests that the insurance premium and policy be refunded The cash value is remitted to someone other than the policyholder.
Article 14 In addition to the circumstances stipulated in Articles 11, 12, and 13 of these Measures, financial institutions and their staff discover abnormal circumstances in the amount, frequency, flow, nature, etc. of other transactions , if it is analyzed that it is suspected of money laundering, it should submit a suspicious transaction report to the China Anti-Money Laundering Monitoring and Analysis Center.
Extended information
According to the "Measures for the Administration of Reporting of Large-Amount Transactions and Suspicious Transactions of Financial Institutions"
Article 10: Large-amount transactions that meet one of the following conditions , if the transaction is not found to be suspicious, the financial institution may not report:
(1) After the time deposit expires, it will not be directly withdrawn or transferred, but the principal or principal plus all or part of the interest will be paid. Renewal deposit to another account under the same name opened at the same financial institution.
The principal of a demand deposit or the principal plus all or part of the interest is converted into a time deposit in another account under the same name opened at the same financial institution.
The principal of a time deposit or the principal plus all or part of the interest is converted into a current deposit in another account under the same name opened at the same financial institution.
(2) Conversion between different foreign currencies during the actual foreign exchange purchase and sale transactions of natural persons.
(3) One party to the transaction is party agencies, state power agencies, administrative agencies, judicial agencies, military agencies, People's Political Consultative Conference agencies and the People's Liberation Army and Armed Police Forces at all levels, but does not include various types of subordinates Enterprises and institutions.
(4) Inter-bank lending by financial institutions and bond transactions in the inter-bank bond market.
(5) Gold transactions conducted by financial institutions on gold exchanges.
(6) Internal allocation of funds by financial institutions.
(7) Transactions under the loan on-lending business of international financial organizations and foreign governments.
(8) Debt swap transactions under loans from international financial organizations and foreign governments.
(9) Taxation, correction of wrong accounts, and interest payments initiated by commercial banks, urban credit cooperatives, rural credit cooperatives, postal savings and remittance institutions, and policy banks.
(10) Other circumstances determined by the People's Bank of China.