The current situation of underground banks, do you know about foreign trade?

Mondo Finance Updated on 2024-01-30

Money banks are mainly divided into two categories, one is cross-border exchange type, the other is illegal settlement type, most money banks have both Shandong village ancient coins attract a large number of treasure hunters

01 Cross-border exchange type

The main modes of converting RMB and foreign exchange are as follows.

1."Knock" mode. Funds do not need to be paid across borders, and are generally operated by reconciliation. Domestic gangs collect renminbi and then generally contact them through the Internet, and overseas gangs transfer foreign exchange to designated accounts according to the exchange rate. This model is very hidden, there is no flow of funds, and it can only be discovered when the information is clearly grasped, and the risk is small. The cost of the bank is also very small, and most of the current cross-border exchange types are in this mode. In addition, many money banks have made the size of the capital pool, and if there is foreign exchange, it will be purchased and placed in the capital pool, and it can be exchanged at any time when necessary.

2.Invent**. Through the fictitious ** background, funds enter and exit. A large part of the illegal flow of funds is hidden in the huge import and export business. Many money banks transfer funds across borders through the import and export of enterprises on the surface, and through a reasonable price difference for import and export declarations within a certain range, which is very hidden. In another case, if an enterprise buys false import data, fakes imports and then buys foreign exchange out of the country, and sells US dollars at a markup abroad to a fake export enterprise, the fake export enterprise normally collects foreign exchange into the country, and defrauds export tax rebates or subsidies.

3.Carry cash. Funds within the limit are separated by a large number of manpower and brought out of the country. There are also ** to buy cash from tourists at a higher rate than bank settlement, such as ** people at the border in the past, and places where expatriates are concentrated. There is also smuggling through special channels, buying foreign currency cash from some large and small commodity markets, and then smuggling it out of the country directly to the border areas by backpackers.

4.False foreign investment. After the enterprise is registered, it fabricates a background of overseas investment, and then after passing the approval of the commerce and foreign exchange departments, the funds flow abroad, mainly to purchase assets.

5.Virtual Currency Trading. Although China's laws prohibit the trading of virtual currency, it is still impossible to eliminate illegal transactions, such as purchasing virtual currency in domestic RMB, listing overseas** to obtain local foreign exchange. As with knock-on, the funds complete a substantial transaction without the transfer occurring.

6.Scalper mode. By buying and selling foreign exchange to earn the difference, often open some accounts (overseas accounts or NRA accounts), and finally transfer funds to relatively large, upstream banks.

02 Illegal settlement bank

Mainly through some shell companies, for customers to transfer corporate funds to personal accounts, cash (check cash), fictitious payments and transaction re-refunds and other illegal settlement business, charging handling fees, some for cross-border gambling and other illegal activities. With the development of science and technology, larger payment and settlement banks will have their own settlement system, the server is overseas, through the system, all kinds of splitting, transfer and other multiple businesses can be completed in a few seconds. Most of the bank cards used are purchased in the market, and there are not many relatives and acquaintances.

03Distribution of customers

1.Money bank funds from the **There are legal and illegal**. The legal ones are mainly the foreign exchange accumulated in foreign exchange, especially the foreign exchange cash in the hands of individual merchants in developed border trade areas such as Xinjiang and Heilongjiang. There are also many individuals in the large domestic small commodity and professional markets, and they have a large amount of foreign exchange. At the same time, the foreign exchange brought back by overseas Chinese, overseas workers and other personnel from abroad is also one of the main ones in Qianzhuang. Illegal ** is the fraudulent purchase of foreign exchange, the purchase of foreign exchange by personnel in the entry and exit of the country, overseas cash withdrawals and so on.

2.Money bank funds to **There are normal purposes, such as overseas investment, financial management and house purchase, study and other purposes, some study abroad consulting companies are also engaged in foreign exchange trading, exchange foreign exchange for overseas students, and some bosses buy houses abroad through money banks. There are some uses that are gray areas, where enterprises and individuals play side games and circumvent supervision, such as cash-out, turnover, income transfer and other behaviors, such as the purchase of players by a club in Tianjin a few years ago. In addition, there are funds for violating the law and committing crimes, such as tax fraud and compensation, pornography, gambling, drugs, and even terrorism and corruption, which are hidden and laundered abroad through underground banks, which makes it more difficult to crack the case, or then uses some false impressions of export settlement to defraud taxes and subsidies.

3.Geographical distribution of money banks. One is that overseas Chinese hometown areas and developed coastal areas, such as Fujian and Zhejiang, have many regular customers, relatives and friends abroad, and transfer the foreign currency earned abroad. There are also port banks in border areas, such as Shandong (South Korea), Heilongjiang (Russia, Mongolia), Xinjiang (Kazakhstan, Kyrgyzstan, India, Nepal), Yunnan (Myanmar, Southeast Asia), etc., the scale of port banks is generally relatively large. Moreover, it is the Ma's money village originated in Gansu (Dongxiang), the individual scale is small, most of them belong to the relatively low-end scalpers, and there are more than 10,000 people active all over the country for a long time. There is also a Chaoshan money bank, which is active in Guangdong, Hong Kong and Macao, and often uses more developed scientific and technological means to operate a large amount of money for services such as cross-border gambling. Zhejiang Province is a developed area of foreign trade, and money banks are often involved in false **, tax fraud and compensation.

I have been doing foreign trade for so many years, have you ever dealt with them?

Pay attention to the exchange through them, and be careful that the funds involved in the case are frozen!

Finally, I would like to remind you once again that you must pay attention to the safety of collection and payment, and choose reliable payment methods, otherwise it is really a matter of "labor and money"!

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