What are the risks of personal RMB current savings deposits in Chinese banks?

Risk warning of RMB demand savings deposit for individual customers of Bank of China;

1. When handling RMB deposit and withdrawal transactions of large amount and suspicious individuals, records and analysis shall be made according to the relevant anti-money laundering regulations of the regulatory authorities and Bank of China, and whether to submit suspicious anti-money laundering transaction clues shall be judged according to the analysis results, and the risk level of customers shall be adjusted in time. If the customer is suspected of illegal and criminal activities, take relevant internal control measures against you or related accounts, restrict the entry and exit of account funds, temporarily stop providing financial services to the account, and consider quitting the customer relationship.

2. Personal deposit and withdrawal business is not allowed to withdraw cash without certificates of deposit. Except for e-banking, self-service terminal services and "deduction by competent authorities", it is not allowed to handle the transfer-out business without certificates of deposit (except for Class II and III households and businesses with special provisions).

3. To handle large cash deposit and withdrawal business, reverse signing business, customer information change, loss reporting, all kinds of freezing, passbook magnetic supplement, passbook supplement, wrong account correction, collection and other businesses, the examination and approval authorization system must be strictly implemented.

4. If a personal deposit account is signed or associated with telephone banking, online banking, mobile banking, SMS notification and various collection and payment, investment products, before applying for account cancellation, the above-mentioned signing/association relationship should be cancelled before the account can be cancelled.

5. If the handling institution finds or receives a personal statement of fraudulent identity and confirms that the bank account is an alias or a false agency account, it shall immediately stop using the relevant personal bank account; Cancel the account with the consent of the fraudster or the client.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.