The process of public affairs is usually as follows: 1. The transferor provides your bank account information and completes the operation of public affairs through mobile phones and other means. 2. The transferring bank transfers the funds to your bank, and your bank records the transaction information after receiving the transfer instruction. 3. Your bank will settle and confirm the funds, which may take some time. If the confirmation is correct, your bank will transfer the funds to your account. Under normal circumstances, the arrival time is short, and it will generally arrive on the same day or the next working day. However, there may be some special circumstances, such as network failure, banking system maintenance, holidays and other reasons, and the arrival time will be delayed. If your bank account information is correct, but you haven't received the money transferred by the other party, I suggest you contact the other party for confirmation in time. If it is confirmed that the transferred money has not arrived, you can contact your bank to inquire about the transfer and provide relevant information for verification.
If it exceeds 500,000 yuan, it must be approved by the tax authorities. In addition, if you turn public assets into private assets without approval in accordance with relevant regulations, you may face legal risks and corresponding legal consequences. Generally speaking, the transfer of public assets needs to comply with relevant laws, regulations and policies, and needs to be approved and declared in accordance with the prescribed procedures. If you want to know more about the approval procedures and regulations for the transfer of public assets, I suggest you consult the relevant government departments or tax departments.
For general private transfer operations, there is no need to go through the audit of the People's Bank of China. Public-private transfer is carried out in the commercial banking system, and its process is handled and recorded by the commercial banking system without the approval of the People's Bank of China. In some international remittances or cross-border remittances, due to the involvement of financial regulators in different countries or regions, it may need to be audited, but public-private transfers between domestic banks generally do not need to be audited by the People's Bank of China. In particular, if the transfer amount is large, the bank may check, review or declare the flow of funds to ensure compliance and prevent illegal activities such as money laundering. But this is not a transfer audit of personal accounts, but a regulatory measure for large capital flows that may be risky.
Legal basis:
Measures for the Administration of Renminbi Bank Settlement Accounts Article 40 Where a unit pays more than RMB50,000 from its bank settlement account to an individual bank settlement account, it shall provide the following payment basis to its bank:
(a) the wage payment agreement and the list of payees.
(2) Award-winning certificate.
(three) proof of the labor contract between the press, publication, performance organizer and other units and the payee or the individual.
(4) A certificate that a securities company, a futures company, a trust and investment company or a lottery issuing or underwriting department has paid or refunded a natural person.
(5) Agreement on transfer of creditor's rights or property rights.
(6) loan contract.
(7) Certificate of insurance company.
(eight) the certificate of the tax collection and management department.
(nine) agricultural and sideline products and mineral products purchase and sale contracts.
(10) Proof of other lawful funds.
If the amount paid from the unit bank settlement account to the individual bank settlement account is taxable, the withholding agent shall provide the tax payment certificate to the bank where the account is opened.