If I made money in the cryptocurrency market, will the bank investigate the source when I withdraw?
Nowadays, many people are diving into virtual currency trading, lured by the enticing high returns, requiring no hard work, and only a small amount of capital to participate. However, there are many risks hidden at the time of cashing out virtual currency.
On one hand, it is easy to mix in fraudulent funds, leading to the freezing of the receiving bank card by the public security, rather than the bank actively investigating. After receiving fraudulent funds, if the victim reports to the police, the card will be frozen by the public security agency, and the bank will leave a record of the case, treating you as high risk, affecting loan applications and card issuance, and other cards under your name may also be implicated and restricted by risk control.
Furthermore, if multiple accounts transfer money to you frequently within a short period, and you continuously transfer out, even if the single transaction amount is not large, it will trigger the bank's risk control model, raising suspicion of money laundering, which may lead to card locking. Although there are legal ways to resolve bank risk control freezes, it still requires effort.
Therefore, the top priority is to avoid fraudulent funds; otherwise, once your card is frozen by public security, leaving a stain related to the case, the consequences can be unimaginable, and you may also face legal accountability, getting caught in a lengthy and complicated investigation process, casting a heavy shadow over your financial life.
Welcome to contact Audi for cashing out, after bank review, the payment institution will disburse.