As a financial institution, every business of a bank involves money. Due to the particularity of its business, there is the possibility of financial crimes. There are so many customers who need to use the bank to fulfill their financial needs in work and life. How do banks ensure that they are not exploited by illegal elements and that every transaction is legal, given the financial needs of life?

▲Finance

Bank Supervision System

As long as your money is deposited in the bank. In order to ensure the safety of customers' funds, banks naturally include customers' accounts into the bank's regular supervision system. As long as it is a normal business transaction, the bank's supervision system will not be activated, and the normal fund transactions of personal accounts will receive various convenient services provided by the bank.

▲ Deposit

And when there are frequent large-scale money transactions in personal accounts, business accounts, etc., or frequent large-scale transfers from the same account, such accounts will attract the attention of the banking supervision system and start a supervision mode for them. There is always no legitimate reason for the large amount of money to be traded, and this account will be handed over to the bank's manual securities supervision department for investigation. After investigating the possibility of illegal transactions, the money in this account will be frozen, and all the amounts in the account will be frozen. Investors will also be governed by the corresponding department, and they will be required to explain the source of the money for the arrears of abnormal transactions in their own accounts. If the source of the money is not clear, the account owner is a financial crime and will be held accountable according to law. In this way, a system that can not only ensure customer safety but also monitor account abnormalities is the bank's monitoring system.

▲Monitoring system

Abnormalities of various accounts will be monitored and investigated

Routine money transactions are to provide more and better convenience for citizens' lives. However, when the following situations occur, the account will be considered as a suspicious account requiring regulatory investigation. An ordinary account suddenly has a large amount of funds from unknown sources frequently transferred in; the company account cannot explain the specific transaction reason in the capital transaction; a citizen has multiple accounts, and there is no specific transaction reason for the large amount of capital transactions of multiple accounts ;A large amount of foreign funds into a certain domestic account, etc. are all abnormal transaction behaviors of the account, such accounts will be monitored, and the source of funds is still unclear after investigation by the regulatory authorities, such accounts have the potential for money laundering Possibly, the banking supervisory system will report such account holders to relevant departments.

▲Monitoring system

Whether the bank monitors customer accounts is an invasion of personal privacy

As a country's financial institution, banks are permitted by law to have a regulatory system for accounts. Not only banks in our country have such a regulatory system, but foreign banks will also set up a regulatory system to ensure the stability of bank transactions and the legitimacy of fusion transactions.

As long as there is no illegal behavior in the fund transactions of personal accounts, the bank will not spy on any customer's personal information through the supervision system. Stealing customers' personal information from a bank's supervisory system is a serious offense. The personal accounts of law-abiding citizens, just like we walk under the cameras that can be seen everywhere in reality, the purpose of supervision is to prevent crimes. So you don't have to worry about whether your personal privacy will be violated because of the bank's supervision.

▲ Deposit

The bank will monitor the customer's information

The bank's monitoring behavior will be carried out under the strict laws and regulations of the country. Generally, it will monitor customer information, frequently traded objects, business cycle, size of funds, account transaction methods, reasons, etc. It is also through such regular monitoring that abnormal trading accounts are screened out in time for special monitoring. Whether the bank will monitor the cash flow of each account, the answer is yes. Only through appropriate regulatory means can the occurrence of financial crimes be prevented to the greatest extent, and the property safety of ordinary people can be better guaranteed.