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What Are The Contents Of PBC'S Account Management?

2008/6/10 10:46:00 41797

The people's Bank's management of accounts includes the following aspects: (1) responsible for coordinating and arbitrating disputes over the opening and use of bank accounts, supervising and verifying the establishment and opening of accounts of the opening bank, and correcting and punishing the violation of account management measures.

(2) issue a permit to open a basic deposit account.

The people's Bank of China opens the basic deposit account to the depositor, and is responsible for issuing the permit for opening an account. If the depositor needs to change the basic deposit account, it must also be examined and approved by the people's Bank of China.

The depositor is not allowed to open an account with the bank because the bank strictly implements the system and pfers the basic deposit account.

(3) accept the application for opening and revoking the account by the depositor bank.

When banks open or cancel accounts, they must report to the people's Bank in a timely manner.

According to the regulations, the cancellation of the basic deposit account by the depositor bank, the opening or cancellation of the general deposit account, the temporary deposit account, and the special deposit account shall be reported to the local branches of the people's Bank within 7 days from the date of opening or cancellation.

The people's Bank of China will use computers to set up an account management database to strengthen account management.

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