When establishing business relations with customers or providing customers with one-time financial services such as cash remittance, cash exchange and bill payment with a specified amount or more, financial institutions shall require customers to produce real and valid identity documents or other identity documents for verification and registration.
Where a customer handles business on behalf of others, the financial institution shall simultaneously check and register the identity documents or other identification documents of the agent and the principal.
If the beneficiary of the contract is not a customer, the financial institution shall also check and register the identity certificate or other identity documents of the beneficiary.
Financial institutions shall not provide services or conduct transactions for unidentified customers, and shall not open anonymous or pseudonymous accounts for customers.
If a financial institution has doubts about the authenticity, validity or completeness of the previously obtained customer identity information, it shall re-identify the customer identity.
Any unit or individual shall provide true and valid identity documents or other identification documents when establishing business relations with financial institutions or requiring financial institutions to provide them with one-time financial services.