It is illegal to privatize public affairs. The situation of withdrawing cash by private transfer is to illegally provide services for others, cash out the company's bank settlement account or transfer the company's bank settlement account to a personal account, which constitutes illegal fund payment and settlement business. If a unit illegally engages in the payment and settlement of funds or illegally buys or sells foreign exchange, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be convicted and punished. If a unit commits a crime, it shall be fined and the responsible person shall be convicted.

Measures for the administration of RMB bank settlement accounts

Article 40

Units from their bank settlement accounts to personal bank settlement accounts, each more than 50 thousand yuan, should provide the following payment basis to their bank:

(a) the wage payment agreement and the list of payees;

(2) Award-winning certificate;

(3) the labor service contract signed by the press and publication, performance organizer and other units with the payee or the proof of payment to the individual;

(4) The certificate that the securities company, futures company, trust and investment company and lottery issuing or underwriting department paid or refunded the natural person;

(5) Agreement on transfer of creditor's rights or property rights;

(6) Loan contract;

(seven) the certificate of the insurance company;

(eight) the certificate of the tax collection and management department;

(9) Contracts for the purchase and sale of agricultural and sideline products and mineral products;

(10) Proof of other lawful funds.

If the amount paid from the unit bank settlement account to the individual bank settlement account is taxable, the withholding agent shall provide the tax payment certificate to the bank where the account is opened.