A company can open multiple company accounts, but there is only one in basic account. Basic account can withdraw cash, and there can be many settlement accounts, but settlement accounts can't withdraw cash, only transfer money. A company has only one basic account, because the bank will report the company information to the central bank, and the central bank will issue an account opening license to the company. This account opening permit is the only one that can be inquired in China, and the account information of the billing information is basic account information. Besides basic account, you can also open a general account or a special company account in other banks. Basic deposit account and general accounts cannot be opened at the same bank outlet. According to the account management regulations of the People's Bank of China, an enterprise can only open one basic deposit account, but it can open multiple general accounts. If another account can be withdrawn, and the investor has a certain special purpose, he can also withdraw funds by applying for a special account in the bank.
Company accounts are divided into four categories:
1. basic deposit account is the main account for transfer settlement and cash receipt and payment. The daily fund collection and payment of business activities and the withdrawal of wages, bonuses and cash can be handled through this account;
2. General account refers to a bank settlement account opened in a banking institution outside basic deposit account for loans or other settlement needs;
3. Temporary account, a bank settlement account opened for temporary needs and used within the prescribed time limit;
4, special account, the bank for each unit to open an account with a specific purpose.
To sum up, a company can open multiple company accounts, but it needs to be decided according to the actual needs, bank regulations, management costs and other comprehensive considerations.
Legal basis:
Measures for the administration of RMB bank settlement accounts
Article 4
Depositors of corporate bank settlement accounts can only open a basic deposit account in the bank.
Article 6 The examination and approval system shall be implemented for depositors to open basic deposit account, temporary deposit accounts and special deposit accounts in budget units. With the approval of the People's Bank of China, the opening bank will issue an account registration certificate. Except for temporary deposit accounts opened by depositors for capital verification purposes.
Article 7 Depositors may choose to open a bank settlement account. Except for national laws, administrative regulations and provisions of the State Council, no unit or individual may force depositors to open bank settlement accounts in designated banks.