What Is Proof of Funds?

There are two types of "proof of bank funds" according to the time limit, "proof of time" and "proof of time". "Proof of time": refers to the balance of a specified account at a certain point by a certain date. "Proof of time" means a From day to date, the number of deposits in a specified account.

Proof of funds

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There are two types of "proof of bank funds" according to the time limit, "proof of time" and "proof of time". "Proof of time": refers to the balance of a specified account at a certain point by a certain date. "Proof of time" means a From day to date, the number of deposits in a specified account.

The "proof of time" bank has no risk and can provide services at any time, generally as long as you do not withdraw money on the day. The purpose is to determine how much money a certain "point in time" has.
The "period certificate" is a little more complicated. If you need to issue a certificate of unexpired funds, you need to go through the registration procedure of "no withdrawals" and freeze the account balance. The purpose is to determine how much money is in a certain "period".
The capital certificate itself has no value, and cannot be used as a pledge, just to prove how much money a certain account has at a certain time.