The supervision of bank funds can avoid the credit risk of some traders, and really solve the problem that buyers and sellers dare not pay or pay first before goods in the transaction process. Because for traders, banks are the most trustworthy places. The intervention of bank fund supervision will improve the integrity of both parties and build a safe trading platform.
Fund supervision requires buyers and sellers to open accounts in the supervision bank, and the bank is the main body of fund supervision, thus ensuring the safety of trading funds of buyers and sellers and safeguarding the rights and interests of buyers and sellers. Similar to online trading platforms such as Tenpay and payment platforms such as Tenpay. Supervision account refers to the agreement signed between the enterprise and the bank, which entrusts the bank to manage and use the special funds in the designated account.
Extended data:
Characteristics and advantages of bank fund supervision;
1. Client funds are closed. In this mode, the trading market will hand over the customer's deposit and withdrawal function to the depository bank, and the market will no longer handle any customer's fund deposit and withdrawal business. All deposit and withdrawal behaviors are initiated by the customer through bank-securities transfer, and the transaction settlement funds withdrawn by the customer can only be returned to the bank settlement account with the same name specified in advance, so as to realize the closed operation of the transaction settlement funds and prevent the risk of misappropriation of customers' funds and withdrawal of customers' money laundering.
2. Check the total score of the depository bank. In this mode, the depository bank opens a management account for customers on the market company's side to map the balance of the fund subsidiary ledger, so as to master the customer's subsidiary ledger, and to some extent, it can prevent the market company from misappropriating it at the general ledger level by checking the subsidiary ledger with the general ledger of securities company customers.
3. The customer inquires about the reconciliation mechanism in another way. In this mode, the depository bank will provide customers with another way to inquire about the management account. With the help of inquiry means and reconciliation mechanism provided by depository banks and market companies, customers can effectively monitor their capital security by comparing the data consistency of their management accounts with those of market companies.
4. All-round customer fund supervision system. In this mode, through reasonable business division and institutional arrangements, market companies, depository banks, customers and regulatory agencies have built an all-round customer fund supervision system to ensure the safety of customer funds. Among them, depository banks do not directly owe debts to customers, nor do they directly control business operations such as legal person delivery of market companies.
5. Multi-bank depository mechanism helps to meet customers' different bank preferences, has strong compatibility, can better adapt to the clearing and settlement rules of domestic electronic trading market, and can adapt to product innovation and institutional progress in the future market.
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