yes, because all banks will eventually be integrated into the anti-money laundering system of the People's Bank of China, and the deposit of 5, RMB in the bank will trigger the anti-money laundering system. The details are as follows:

According to the Measures for the Administration of Reports on Large-value Transactions and Suspicious Transactions of Financial Institutions, which transactions will trigger the anti-money laundering system:

1. Cash deposit, cash withdrawal, cash settlement and sale, cash exchange, cash remittance, cash bill payment and other forms of cash receipts and payments for individual single or accumulated transactions of more than RMB 5, (including RMB 5,) and foreign currency equivalent of more than USD 1, (including USD 1,) on that day. 2. Transfer of domestic funds with a single or cumulative transaction of more than RMB 5, (inclusive) and a foreign currency equivalent of more than USD 1, (inclusive) between an individual bank account and other bank accounts. 3. Cross-border transfer of individual bank accounts and other bank accounts with a single or cumulative transaction of more than RMB 2, (inclusive) and a foreign currency equivalent of more than USD 1, (inclusive). That is to say, whether you deposit cash into the bank or enter the bank by means of inter-bank transfer, Alipay transfer, WeChat transfer, etc., although the bank will not ask too much, it will definitely be investigated by the Anti-Money Laundering Center of the People's Bank of China for your source of funds.

generally speaking, if you deposit money in the bank by transfer, the transfer record will record the source of your funds, so that the regulatory authorities can easily track the source and destination of your funds. If you deposit 2 million cash directly into the bank, it is not easy for the bank to know the source of your funds. Generally, you will check your personal identity information and ask about your source of funds. As long as you can guarantee the normal source of funds, there won't be much problem.

Measures for the Administration of Reporting Large-value Transactions and Suspicious Transactions of Financial Institutions

Article 7 If no transactions or suspicious behaviors are found in large-value transactions that meet one of the following conditions, financial institutions may not report them:

(1) After the maturity of time deposits, the principal or principal plus all or part of interest will be continuously deposited in another account under the same account name opened by the same financial institution. The principal or principal plus all or part of interest of demand deposit is converted into time deposit in another account under the same account name opened by the same financial institution. The principal or principal plus all or part of interest of time deposit is converted into demand deposit in another account under the same account name opened in the same financial institution.

(2) the conversion between different foreign currencies in the process of foreign exchange trading by natural persons.

(3) One party to the transaction is party organs, state power organs, administrative organs, judicial organs, military organs, organs of the Chinese People's Political Consultative Conference, the People's Liberation Army and the Armed Police Force at all levels, but it does not include various enterprises and institutions under it.

(4) interbank borrowing by financial institutions and bond trading in the inter-bank bond market.

(5) Gold transactions conducted by financial institutions on gold exchanges.

(6) Transfer of funds within financial institutions.

(7) transactions under the loan-to-loan business of international financial organizations and foreign governments.

(8) Debt swap transactions under loans from international financial organizations and foreign governments.

(9) Tax, correction of wrong accounts and interest payment handled by policy banks, commercial banks, rural cooperative banks, rural credit cooperatives and rural banks.

(1) Other circumstances as determined by the People's Bank of China.