Fund transfer means that the fund organization (settlement center) or parent company handles the transfer-in and transfer-out of funds between companies, that is, the funds of the transfer-out company are allocated to the transfer-in company. Fund transfer supports "center transfer, group transfer and global transfer" business.
Center transfer refers to the business that the transfer-out company submits a transfer application to the fund organization (settlement center) to transfer funds to the transfer-in company. According to the entrustment relationship, funds can be transferred to all member companies with entrustment relationship.
Group transfer means that the transfer-out company submits a transfer application to the parent organization in the group, and transfers funds to the transfer-in company in the same group according to the hierarchical relationship of the group fund management system, and the parent organization can transfer funds to the subordinate organization.
Global transfer means that within the whole organization structure, the transfer-out company submits the transfer application to the superior organization, and the transfer-in company handles the fund transfer business according to the hierarchical relationship of the global fund management system, and the superior organization can transfer funds to the subordinate organization.
Matters needing attention in fund transfer business:
1. Transfer application can only be initiated by the transfer-out company.
2. When the company is a member company of a fund organization and a subordinate organization of the fund organization in the fund management system, it defaults to "Central Transfer".
3. The premise of "centralized transfer" is that the company must open an internal account with the fund organization.
4. The premise of "group transfer" is that a group fund management system must be established within the group, and it can only be carried out by companies and parent organizations within the system.
5. The premise of "global transfer" is that the group must establish a global fund management system, which can only be carried out by companies and parent organizations within the system.