The correct description of the large-value transaction report is:

1. Large-value transactions that occur through accounts or bank cards opened by customers at domestic financial institutions will be reported by the account opening department. Financial institutions or card-issuing banks report

2. Large-amount transactions that customers do not make through accounts or bank cards shall be reported by the financial institutions that handle the business

3. For large-amount transactions that are not carried out by customers through accounts or bank cards, If the transaction is a suspicious transaction, the financial institution shall submit a large-value transaction report and a suspicious transaction report respectively

Extended information:

The large-value transaction report is issued by the customer at a domestic financial institution. Large-value transactions that occur through accounts or bank cards opened by customers shall be reported by the financial institution that opened the account or the card-issuing bank; large-value transactions that occur by customers through overseas bank cards shall be reported by the acquiring bank; transactions that occur by customers who do not use accounts or bank cards shall Large-value transactions are reported by the financial institutions handling the business.

Report Introduction

According to the "Measures for the Administration of Reporting of Large-Amount and Suspicious Transactions by Financial Institutions":

Financial institutions shall report within 5 days after the occurrence of large-amount transactions. Within working days, a large transaction report shall be submitted electronically to the China Anti-Money Laundering Monitoring and Analysis Center in a timely manner through its headquarters or an institution designated by the headquarters. If there is no headquarters or it is impossible to report large-value transactions to the China Anti-Money Laundering Monitoring and Analysis Center through the headquarters and the institution designated by the headquarters, the reporting method shall be determined separately by the People's Bank of China.

Article 9

Financial institutions shall report the following large-value transactions to the China Anti-Money Laundering Monitoring and Analysis Center:

(1) Single or cumulative RMB transactions on the day Cash deposits of more than 50,000 yuan (including 50,000 yuan) and foreign currency equivalents of more than 10,000 U.S. dollars (including 10,000 U.S. dollars), cash withdrawals, cash settlement and sales of foreign exchange, cash exchange, cash remittances, cash bill settlement and others form of cash receipts and payments.

(2) A single or cumulative transaction on the same day between the bank account of a non-natural person customer and other bank accounts exceeds RMB 2 million (including RMB 2 million), and the equivalent of foreign currency exceeds US$200,000 (including RMB 200,000) USD) transfer.

(3) A single or cumulative transaction of more than RMB 500,000 (including RMB 500,000) and a foreign currency equivalent of more than US$100,000 (including US$100,000) occurs between the bank account of a natural person customer and other bank accounts on the same day ) domestic transfer of funds.

(4) A single or cumulative transaction of more than RMB 200,000 (including RMB 200,000) and a foreign currency equivalent of more than US$10,000 (including US$10,000) occurs between the bank account of a natural person customer and other bank accounts on the same day ) cross-border transfer of funds.

The cumulative transaction amount is based on a single customer, and is calculated and reported unilaterally based on the income or payment of funds, unless otherwise specified by the People's Bank of China.

Customers and securities companies, futures brokerage companies, fund management companies, insurance companies, insurance asset management companies, trust investment companies, financial asset management companies, finance companies, financial leasing companies, auto finance companies, currency brokers Where companies, etc. conduct financial transactions and transfer funds through bank accounts, commercial banks, urban credit cooperatives, rural credit cooperatives, postal savings and remittance institutions, and policy banks shall comply with paragraphs (2), (3), and (4) of paragraph 1. Submit large-value transaction reports to the China Anti-Money Laundering Monitoring and Analysis Center in accordance with the provisions of the item.

The People's Bank of China may adjust the large-amount transaction standards specified in paragraph 1 as necessary.

Article 10

For large transactions that meet one of the following conditions, if the transaction is not found to be suspicious, the financial institution may not report it:

( 1) After the time deposit matures, it is not directly withdrawn or transferred, but the principal or the principal plus all or part of the interest is renewed and deposited into 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.