According to Article 29 of the Measures for the Administration of Customer Identification and Customer Identity Data and Transaction Records of Financial Institutions, financial institutions shall keep customer identity data and transaction records according to the following time limits:

(1) Customer identity information shall be kept for at least 5 years from the year when the business relationship ends or the year when the one-time transaction is recorded. ?

(2) The transaction records shall be kept for at least 5 years from the year when the transaction is recorded.

If the customer identity information and transaction records are related to suspicious transactions in the anti-money laundering investigation, and the anti-money laundering investigation has not been completed at the expiration of the minimum retention period specified in the preceding paragraph, the financial institution shall keep them until the anti-money laundering investigation is completed.

If there are customer identity data or transaction records with different retention periods on the same medium, they shall be kept for the longest period. If the same customer identity data or transaction records are stored in different media, the customer identity of 1 media shall be stored at least according to the above time limit.

Extended data

According to the relevant provisions of the Administrative Measures for Customer Identification and Preservation of Customer Identity Data and Transaction Records of Financial Institutions:

Article 26? Financial institutions shall report the following suspicious behaviors to the China Anti-Money Laundering Monitoring and Analysis Center and the local branches of the People's Bank of China when performing the obligation of customer identification:

(1) The customer refuses to provide valid identity documents or other identification documents.

(2) After making a request to the overseas institution that remitted the funds, it is impossible to completely obtain the remitter's name, remitter's account number, remitter's residence and other relevant alternative information.

(3) The customer refuses to update the basic information of the customer without justifiable reasons.

(four) after taking necessary measures, still doubt the authenticity, validity and integrity of the previously obtained customer identity information.

(5) Other suspicious behaviors found during the performance of customer identification obligations.

Article 27? The customer identity information that financial institutions should keep includes customer identity information and materials, as well as various records and materials reflecting the customer identity identification work carried out by financial institutions.

The transaction records that financial institutions should keep include data information, business vouchers and account books of each transaction, as well as contracts, business vouchers, documents, business letters and other materials that reflect the real situation of the transaction as required by relevant regulations.

Baidu Encyclopedia-Customer Identification of Financial Institutions and Preservation of Customer Identity Data and Transaction Records