How Do I Choose the Best Savings Account?

The basic deposit account is the hosting account for transfer settlement and cash receipts and payments. The daily fund receipts and payments of operating activities and the withdrawal of wages, bonuses and cash can be processed through this account. Depositors can only open a basic deposit account with the bank. Opening a basic deposit account is a prerequisite for opening other bank settlement accounts. According to the regulations for the management of RMB bank settlement accounts, a unit can only choose one bank to apply for opening a basic deposit account.

Basic deposit account

The basic deposit account is the hosting account for transfer settlement and cash receipts and payments. The daily fund receipts and payments of operating activities and the withdrawal of wages, bonuses and cash can be processed through this account. Depositors can only open a basic deposit account with the bank. Opening a basic deposit account is opening other

The scope of use of the basic deposit account includes:

Deposits and withdrawals of funds from daily operations of depositors, as well as withdrawals of depositors' salaries, bonuses and cash.

The opening of a basic deposit account shall be handled in accordance with the prescribed procedures and relevant certification documents shall be submitted.

Corporate legal person

To open a basic deposit account, different depositors should report to

Units and individual industrial and commercial households should open the following account opening procedures when opening an account:

Submit relevant account opening certificate

Organs, troops, school people's organizations, and other administrative and public institutions must submit funds to the bank.

Guiding ideology and basic principles

To establish a personal basic account, we must first establish a customer-centric, market-oriented, overall linkage, household accounting, intensive operation, and security guidelines. At the same time, the following four main principles should be adhered to:

The first is advancement . To take advantage of new technologies and use modern means such as computers and network communications, not only quickly and accurately process all content of existing business transactions and information services, but also expand the use of new tools such as telephone banking, ATM, self-service banking, and online banking. Transfer and query business.

The second is convenience . On the one hand, it is necessary to run in parallel with the existing business system, handle the relationship with the existing business, and

According to the regulations for the management of RMB bank settlement accounts: the bank settlement account opened by the depositor in the name of the unit is the unit bank settlement account. Unit bank settlement accounts are divided into basic deposit accounts,

A basic account is a comprehensive credit account based on a real-name system opened by a resident individual at a bank. It is an advanced information transmission method that makes full use of the existing urban integrated network of commercial banks to uniformly manage the assets and liabilities of individual customers. It can provide customers with integrated and multifunctional financial service systems such as deposit and withdrawal, electronic remittance, personal loans, transfer settlement, investment and wealth management. The establishment of a personal basic account is actually the establishment of a "financial account" for residents. All personal transactions of funds are based on this basic account and provide a fast and convenient channel for banks to carry out analytical activities.

Conducive to customer investment and wealth management

Since the reform and opening up, especially in recent years, the distribution structure of China's national income and the distribution pattern of social funds have undergone major changes, and income has gradually tilted toward individuals. According to relevant data, the savings deposits of urban and rural residents have reached more than 6 trillion yuan, and the total personal financial assets have reached more than 8 trillion yuan. The voice of customers for investment and wealth management has become increasingly high. Under such circumstances, the establishment of a personal basic account can not only facilitate the use of personal assets for investment and financial management, but also more importantly help customers to establish real and reliable personal credit at the bank, so as to fully enjoy the comprehensive financial services provided by the bank. It is especially important for some middle and high income classes and self-employed persons. Such as the demand for personal home purchase consumer loans, car purchase consumer loans, student loans and pledge guarantee management, and the establishment of a personal basic account system can meet their needs.

Conducive to real-name deposit system

The main purpose of implementing the real-name deposit system is to implement reform of the financial system, strengthen the financial order, and protect the legitimate rights and interests of depositors; on the other hand, it can clarify the economic relationship between units and individuals, and greatly reduce the amount of cash invested in society; It can increase the transparency of personal income, strengthen national taxation, and effectively prevent the growth of hidden income and corruption. Since the establishment of a personal basic account is based on a real-name system, reforming the financial system of the country and promoting the stable development of society is undoubtedly an effective measure.

Conducive to financial innovation and regulation

The market competition is very fierce, and its focus is mainly on the competition of financial products, while the competition of financial products is mainly the competition of service methods and service means. From the perspective of the bank's service methods, it is necessary to use the advantages of the network to break the original accounting system and realize the rational allocation and standardized management of productivity resources.

Article 48 of the "Commercial Banking Law of the People's Republic of China" stipulates: "Enterprises and institutions can independently choose a business bank's place of business to open a basic account for daily transfers, settlements, and cash receipts and payments, and must not open more than two basic accounts. "The establishment of basic deposit accounts for enterprises and institutions is a prerequisite for establishing a new type of bank-enterprise relationship, a good basis for payment and clearing work, and an important measure to strengthen credit, settlement supervision and cash management.

Since the National Bank Settlement Work Conference, various localities have made great progress in clearing and standardizing the basic deposit accounts of enterprises and institutions in accordance with the spirit of the meeting and the provisions of the Measures for the Management of Bank Accounts. However, in many areas, the basic deposit accounts of enterprises and institutions have not been established, and other accounts have not been managed according to the prescribed scope of use. In order to effectively implement the Law of the People's Republic of China on Commercial Banks and to better manage the basic deposit accounts of enterprises and institutions, the following notice is hereby given:

I. Strictly distinguish the nature of various types of accounts

According to the Regulations on the Management of Bank Accounts, the deposit accounts of enterprises and institutions are divided into basic deposit accounts, general deposit accounts, temporary deposit accounts and special deposit accounts.

All localities should strictly follow the nature of the above types of accounts and the conditions for opening accounts stipulated in the "Administrative Measures for Bank Accounts" to clear accounts and open accounts.

Principles and regulations for establishing a basic deposit account

Enterprises and institutions may independently choose a business institution of a commercial bank to open a basic deposit account in accordance with the provisions of the "Measures for the Management of Bank Accounts" in accordance with the following principles:

(1) Have a relatively fixed deposit or loan or a long-term bank-enterprise cooperation relationship;

(2) Banks with large borrowings;

(3) The nature of banks and enterprises is close, which is conducive to counterpart services;

(4) The distance between banks and enterprises is relatively short, which is convenient for handling business. ?

For enterprises and institutions to choose a bank to open a basic deposit account, no unit or individual may intervene. ?

Financial institutions must not open a basic deposit account for an enterprise or institution in violation of the following rules:

(1) Credit unions shall not exceed the prescribed scope of business and open basic deposit accounts for large and medium-sized state-owned enterprises and institutions. ?

(2) Trust and investment companies, leasing companies, financial companies and other financial companies, as well as the real estate credit department, international business department, and credit card department affiliated with banks, must not open basic deposit accounts for enterprises and institutions and open other institutions in violation of regulations. Various accounts.

3. Actively promote the clearing of basic deposit accounts

Establishing a basic deposit account for enterprises and institutions involves a wide range of tasks and a large workload. It is an important task for all banks to unify their thinking and attach great importance to this task, to strengthen leadership, and to organize specialized personnel to do this work effectively. .

The branches of the People's Bank at all levels must do a good job of publicizing the significance, principles, and methods of establishing basic deposit accounts for enterprises, institutions, and commercial banks, so as to raise their awareness and actively cooperate with the clearing of basic deposit accounts.

All enterprises and institutions shall apply to the bank of their choice to establish a basic deposit account in accordance with the Measures for the Administration of Bank Accounts, the principle of choosing to establish a basic deposit account, and the time prescribed by the local branch of the People's Bank of China. Send to the local branch of the People's Bank of China; the People's Bank of China conducts examinations in accordance with relevant regulations and, if it meets the requirements, issues a basic deposit account opening permit to the applicant.

When cleaning up and standardizing the basic deposit account, if a dispute arises between the bank or the bank that the enterprise or institution did not choose to deposit the basic deposit account, the local branch of the People's Bank of China shall coordinate and rule according to the following principles:

(1) An enterprise or institution that has not obtained a loan from a bank may determine the bank where the basic deposit account is opened in accordance with the principles of paragraphs two, three and four of this notice;

(2) When an enterprise or institution obtains a loan from a bank, it shall determine the basic deposit account at its borrowing bank;

(3) If an enterprise or institution obtains loans from multiple banks, it shall open a basic deposit account with the bank with the largest loan balance. The loan balance is the average loan balance from January 1, 1995 to the time of liquidation.

Banks should speed up the pace and progress of account cleanup, and establish basic deposit accounts of enterprises and institutions in the region with a bank's business institution. In areas where account clearance has not yet been carried out, immediate action should be taken to find out the base number, and on this basis, liquidation should be carried out to establish basic deposit accounts for enterprises and institutions; in areas being cleaned up, progress should be accelerated and the basic deposit accounts for local enterprises and institutions should be accelerated as soon as possible. In areas that have already been cleared, the People's Bank of China shall promptly organize inspections and acceptances of the establishment of basic deposit accounts by enterprises and institutions to ensure the quality of the cleanup and prevent it from passing through. The branches of the People's Bank of China must focus their efforts on clearing the accounts of large and medium-sized enterprises in cities above the prefecture level. Before the end of the year, they must ensure that the tasks of establishing basic deposit accounts for large and medium-sized enterprises in their regions are completed.

The branches of the People's Bank at all levels shall conduct inspection, acceptance and summary of the establishment of basic deposit accounts within their respective jurisdictions, and the branches of provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans shall write a written summary of the inspection and acceptance. The areas where the account clearance work is fast should report to the head office in writing before the end of October 1995; the areas where the account clearance work is slow should be reported to the head office in writing before January 15, 1996.

On the basis of the inspection and acceptance in each place, the head office will conduct a key review. Commend the clean-up work well, and report and criticize those who have not paid enough attention.

Fourth, strengthen the management of corporate account

After the basic deposit account is established, in order to prevent other deposit accounts from being used as basic deposit accounts in disguise, and to consolidate the results of account cleanup, it is necessary to strengthen the management of the opening and use of various accounts.

In areas where the establishment of a basic deposit account and the issuance of an account opening permit have been basically completed, the People's Bank of China shall issue an announcement stating that, from the determined date, those who have not issued a basic deposit account account opening permit shall not use their accounts as basic deposit accounts.

An annual inspection system must be implemented. The People's Bank of China at all levels and commercial banks conduct an annual inspection of the establishment of basic deposit accounts of enterprises and institutions and the opening and use of other types of accounts. In addition, the people's Bank of China at all levels must frequently check the use of other deposit accounts. Violations of regulations shall be resolutely remedied and severely punished. In order to facilitate the inspection and management of the establishment of a basic deposit account, each bank shall indicate the words "basic deposit account" on the account page and the seal card of the account for the basic deposit account opened with the Bank to distinguish it from others. Type account.

Further establish and improve the account declaration system. The cancellation of basic deposit accounts, opening or cancellation of general deposit accounts, temporary deposit accounts, and special deposit accounts by banks must be reported to the local branch of the People's Bank on a regular basis. In large and medium-sized cities, banks should report to the People's Bank of China on the opening and cancellation of accounts in accordance with the computer submission procedures or prescribed formats issued by the People's Bank of China, using magnetic media (floppy disks) or networking. In areas where national unified code certificates have been issued, for enterprises to apply for opening various accounts, banks must check the code certificate and register the unit code.

The People's Bank of China should establish and improve the database of account management files, use the database to monitor the opening of basic deposit accounts and other types of accounts by enterprises and institutions, and provide the banks with basic deposit accounts with information on opening accounts of enterprises and institutions, so that the banks can master The creditworthiness of enterprises and institutions that open accounts has strengthened credit, settlement supervision and cash management.

V. Strict Penalties for Violations of Account Management

Banks at all levels of the People's Bank of China must effectively strengthen the management and supervision of bank accounts, and strictly open the penalties for violations of various types of accounts in accordance with the Penalties for Violating Bank Settlement Systems and the following:

(1) Banks that open various types of accounts for enterprises and institutions in violation of regulations shall be revoked within a time limit and imposed a fine of 5,000 to 10,000 yuan per household; general deposit accounts used as basic deposit accounts shall be corrected within a time limit, and A fine of 2,000 to 5,000 yuan will be imposed on the amount of cash paid for each transaction; if the balance of the general deposit account exceeds the loan balance of the enterprise or institution in the bank (except when repaying the loan due), the excess will be exceeded after the prescribed period. Part of the amount will be fined 7 / 10,000 per day; after the loan is repaid, the bank still allows enterprises and institutions to continue to use the general deposit account, and the account must be cancelled within a time limit and a fine of 5,000 to 10,000 yuan. The circumstances are particularly serious. Repeated investigations and repeated violations shall be reported and criticized, and the economic and administrative responsibilities of the relevant leaders and managers shall be investigated.

(2) All financial companies, the real estate credit department, international business department, and credit card department affiliated with a bank that open basic deposit accounts for enterprises or institutions or open other deposit accounts in violation of regulations shall be ordered to cancel within a specified period of time and A fine of RMB 5,000 to RMB 10,000 per household shall be halted if the refusal is cancelled.

(3) If an enterprise or institution transfers the sales proceeds to its special deposit account, it shall be fined 5,000 to 10,000 yuan in addition to ordering it to transfer the money back to the basic deposit account. Enterprises and institutions who falsify and defraud banks of opening basic deposit accounts shall be fined 20,000 to 50,000 yuan and restricted from revocation. Anyone who violates the criminal law shall be investigated for criminal responsibility according to law.