This system was introduced into the Measures for the Administration of Large and Suspicious RMB Payment Reports and the Measures for the Administration of Large and Suspicious Foreign Exchange Funds Reports of Financial Institutions issued and implemented by the People's Bank of China. The current laws and regulations also stipulate the standards of "large amount" and "suspicious transaction". Taking RMB as an example, the following three situations belong to RMB large-value transactions: single transfer payment between legal persons, other organizations and individual industrial and commercial households with the amount exceeding 6,543.8+0,000 yuan. Single cash receipts and payments with an amount of more than 200,000 yuan, including cash deposits, cash withdrawals and cash remittances, cash drafts and cash promissory notes; Transactions such as fund transfer between individual bank settlement accounts and between individual bank settlement accounts and unit bank settlement accounts with an amount of more than 200,000 yuan.

What is a large negotiable certificate of deposit?

Large negotiable certificate of deposit, also known as "large negotiable certificate of deposit", is a time deposit certificate issued by banks. The voucher is printed with a certain face value, deposit, maturity date and interest rate. After maturity, all principal and interest can be withdrawn according to the par value and the specified interest rate, and overdue deposits do not bear interest. Large negotiable certificates of deposit have strong trading liquidity.

For enterprises, large negotiable certificates of deposit are a good credit tool with high yield, low risk and strong liquidity. For banks, it is an effective means of financing because of its simple means of issuance, low cost, large amount of absorbed funds and stable term. Especially in the process of transfer, due to the low transfer cost of large negotiable certificates of deposit, it can create favorable conditions for financial markets and private enterprises to effectively use idle funds to raise funds.

How to define large cash transactions?