The verification system of bank large payment requires an appointment in advance for large cash withdrawal. Commercial banks will establish an appointment system, and implement an appointment system for large cash withdrawal business, and report the relevant information to the Central Branch of the People's Bank of China. Physical cash can be traced back. To put it bluntly, for cash deposits and withdrawals above the starting point, the crown number of each physical RMB should be associated with the deposit and withdrawal business information. If the customer comes from a high-risk industry and the transaction amount is extremely huge, and the transaction frequency or amount is inconsistent with the identity of the customer and the characteristics of daily transactions, the authenticity and standardization of the information should be strictly examined. If a customer is found or reasonably suspected to be involved in criminal activities such as money laundering, a suspicious transaction report shall be submitted, and risks shall be marked, tracked and recorded for future reference.

Criminal law of the people's Republic of China

Article 225 Whoever, in violation of State regulations, commits one of the following illegal business operations and disrupts the market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times his illegal income or his property shall be confiscated: (3) Illegally engaging in securities, futures and insurance business, or illegally engaging in fund payment and settlement business without the approval of the relevant competent department of the state.