Yes

The Banking Regulatory Bureau requires banks to strictly monitor borrowers' loan purposes. When applying for a loan, the borrower must sign a letter of commitment and promise to use it for a certain purpose. After lending to the borrower, the bank will monitor the borrower's capital flow.

Banks will monitor the use of loans through institutional reports, special accounts, collection account numbers, use certificates, loan use commitments signed by borrowers, non-direct payment of loan funds to borrowers' accounts, and post-loan management. Bank loans generally have several links: pre-loan review, in-loan inspection and post-loan management. Especially for enterprise loans, after the loan is issued, banks will not only investigate the operation of enterprises at any time, but also keep abreast of the use of funds after the loan is issued.

Credit loan withdrawal can't be found.

You can go to the bank and ask the staff to check. After the withdrawal of the credit loan, the bank will have a special system to supervise the whereabouts of each fund. It depends on what the borrower fills in the column of loan purpose when submitting the loan application. If you fill in education, medical care, car purchase, etc. Then the borrower's loan funds can only be used for the specified consumption scenarios, and the system will also supervise them. If it is only used for personal consumption, the bank can monitor it as long as the consumption voucher is generated.

Can loan withdrawals be tracked?

Yes Even after cash withdrawal, it can be traced. Secondly, after lending to users, many platforms will require uploading coupons on time for review. If the voucher cannot be provided or the voucher does not meet the requirements, it may be required to settle it all at once.

First of all, some bank loans are earmarked and will not be directly credited to the borrower's account, but designated developers, decoration companies, automobile manufacturers and other companies. Also, if the borrower wants to use the loan to buy stocks or funds, he may be monitored by the bank when opening an account. Finally, some banks will make it mandatory that the certificate of use must be uploaded within a period of time after receiving the loan, otherwise it will be settled in advance.

Second, how to supervise the withdrawal of consumer loans? 1. Need to upload the consumption voucher. The general platform will inform users to upload receipts, transfer records and other vouchers within a specified time. If it cannot be provided, it may lead to platform risk control, and in severe cases, it may require a one-time settlement. 2. earmarking. Many types of consumer loans can only be used in designated consumption scenarios, but not in other places, or the platform directly transfers the amount to the corresponding merchant account and cannot be used for other purposes. 3. Check account opening. If the user withdraws money and deposits it into other accounts, the platform may also monitor it. For example, some users take out their consumer loans and then transfer them to Alipay balance. After the bank finds out, it will send a reminder to users about the illegal use of funds. It is recommended that you do not operate illegally, which will not only be required to settle accounts, but also affect your credit evaluation on the platform and leave a bad impression.

3. Therefore, after applying for a loan, users need to find out the scope of funds that can be used, and don't use the loan funds for illegal fields, such as housing market, stock market and investment. Not only is the relevant supervision strict, but the platform also requires the risk control of funds, so the consequences of illegal use are very serious, so it is recommended not to try. In normal use, you need to keep relevant certificates, and you can provide them at any time once the platform needs to be verified.