On June 10, 2020, the People's Bank of China issued the Notice of the People's Bank of China on Launching the Pilot Work of Large Cash Management, which made it clear that since July, 2020, Hebei officially started the management of large cash, and transferred more than 654.38+million to private accounts, and transferred more than 500,000 to corporate accounts will be supervised.

Notice of the People's Bank of China on Piloting Large Cash Management Other transfer provisions are as follows:

1. Banks and payment institutions have agreed with customers in advance on the limit and number of transactions. If the amount exceeds the limit and the number of transactions, you can go to the bank counter for bank transfer, but not for payment account.

2. Strengthen the security verification method: in addition to transferring money to my bank account, banks also handle counter transfer business for individuals. If the daily accumulated amount exceeds 50,000 yuan, a safe and reliable payment instruction verification method such as digital certificate or electronic signature shall be adopted.

3. Set large transaction reminder: if the accumulated daily transfer amount of bank accounts of units and individuals exceeds 6,543.8+0,000 yuan and 300,000 yuan respectively, the bank will remind them of the large transaction, and the units and individuals can make the transfer only after confirmation.