Since March 1, more than 50,000 yuan of individual cash withdrawals should be registered!What’s the reason?

From March, cash withdrawals will be subject to new rules.From March 1, 2022, the measures for the Management of Customer Due Diligence of financial institutions and the Preservation of Customer identity Information and Transaction records issued by the central Bank and other three departments will be officially implemented.Zhang yun, measures taken, commercial Banks, rural cooperative… Read more Since March 1, more than 50,000 yuan of individual cash withdrawals should be registered!What’s the reason?