However, it should be noted that when a company opens a general account, it can only open it in a bank outside basic deposit account. A general deposit account is a bank settlement account opened by depositors in banking institutions outside basic deposit account for loans or other settlement needs. According to the account management regulations of the People's Bank of China, an enterprise can only open one basic account, but it can open multiple general accounts.
The main difference between a company's basic deposit account and an ordinary account lies in its quantity, function, use and handling process. Details are as follows:
1, number of accounts opened. A company can only open one basic deposit account, but it can open multiple general accounts.
2. Functions and uses. Basic deposit account is mainly used for daily transfer settlement and cash receipt and payment; Ordinary accounts are mainly used for transferring money and depositing cash, and cannot withdraw cash.
3. Treatment process. The opening of basic deposit account needs to be audited by the People's Bank of China, and the opening of general accounts needs to provide relevant basis and documents.
4. Scope of use. Basic accounts can withdraw cash or transfer money, while ordinary accounts can only be used for transferring money and depositing cash.
To sum up, a company can only have one basic deposit account, but it can have multiple master accounts. A general account is a bank settlement account opened by a depositor in a banking institution outside basic deposit account for loan or other settlement needs.
Legal basis:
Measures for the administration of bank accounts
essay
Deposit accounts are divided into basic deposit account, general deposit accounts, temporary deposit accounts and special deposit accounts.
Article 4
Basic deposit account is an account for depositors to handle daily transfer settlement and cash receipt and payment.
The cash withdrawal of the depositor's salary, bonus, etc. can only be handled through this account.
Article 5
A general deposit account is an account opened by a depositor in a subsidiary non-independent accounting unit that is not in the same place as a depositor in basic deposit account.
Depositors can handle transfer settlement and cash deposit through this account, but they cannot handle cash withdrawal.