- - - - Kunden, von denen die meisten Chinesen sind, sind Einkaufsmöglichkeiten für Rolex Uhren zu einem Duty Free Shop in Bangkok, Thailand, 16. Februar 2016. Ausgangspunkt fr
--FILE--Customers, most of whom are Chinese, are shopping for Rolex watches at a duty free store in Bangkok, Thailand, 16 February 2016. Starting from September 1, all banks are required to submit cross-border transactions made with cards to the State Administration of Foreign Exchange (SAFE), according to a media report. Experts assure there's no actions required by consumers. According to the Beijing Youth Daily on Sunday, the SAFE published a circular on reporting overseas bank card transactions in early June. Experts said this is part of a wider array of measures to fight money laundering and terrorism financing. To improve the statistics on and to monitor the propriety of overseas bank card transactions, all domestic card-issuing financial institutions shall report information on all overseas withdrawals and single deals worth more than 1, 000 yuan ($150) via domestic bank cards. Statistics show that the total amount of overseas bank card transactions by individuals surpassed $120 billion in 2016, the report said.