调查！北京存取现金是否需登记？多银行：5万元以上无需登记，几十万元的会询问来源和用途

Core Viewpoint - The People's Bank of China, along with other regulatory bodies, has released a draft regulation that simplifies the process for individuals withdrawing or depositing cash over 50,000 yuan, eliminating the requirement to disclose the source or purpose of funds [2][5]. Group 1: Regulatory Changes - The new regulation removes the previous requirement for individuals to register the source or purpose of cash transactions exceeding 50,000 yuan, which was part of the 2022 regulation [2][3]. - Financial institutions are still required to conduct due diligence for cash remittances and transactions involving physical precious metals exceeding 50,000 yuan, including collecting basic customer information and retaining identification documents [5][6]. - The minimum retention period for customer information and transaction records has been extended from 5 years to 10 years under the new regulation [4]. Group 2: Impact on Financial Institutions - The simplification of the cash transaction process is expected to reduce the workload for financial institutions while improving customer experience, as it allows for a more pragmatic approach based on risk [2][6]. - Financial institutions are encouraged to adopt a tiered management strategy, implementing differentiated measures based on customer risk levels, which allows for streamlined processes for low-risk customers while enhancing due diligence for high-risk cases [7][8]. - The new regulation is seen as a significant upgrade to China's anti-money laundering framework, addressing previous implementation challenges and clarifying requirements for various financial institutions [8].