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What are the Risks of Low-Frequency Small Remittances to Banks?

The flow of low-frequency small remittances from investment accounts to individual bank accounts is a concern for banks, and they may monitor it for various reasons:

  • Preventing money laundering: Low-frequency small remittances can be used for money laundering and other illegal activities. Therefore, banks need to monitor and investigate such transactions to prevent such activities from happening.

  • Compliance with anti-money laundering regulations: Banks are required to monitor and investigate accounts to ensure that the fund flows are legitimate and authentic under anti-money laundering regulations.

  • Preventing terrorist financing: Low-frequency small remittances can also be used for terrorist financing activities. Hence, banks need to monitor and investigate such transactions to prevent such activities from occurring.

  • Risk management: Banks need to manage the risk of accounts to prevent unusual transactions and unclear fund flows to protect the safety of customers' funds.

If you make low-frequency and small remittances from your investment account to your personal bank account, it may attract the bank's attention and monitoring. Therefore, it is recommended to provide relevant documents proving the legality and genuineness of the source of funds to avoid the account being frozen or other risks when making such transactions.

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