Tenpay is a professional online payment platform officially launched by Tencent in September 2005. Its core business is to help both parties who conduct transactions on the Internet complete payment and collection. Committed to providing safe, convenient and professional online payment services for Internet users and enterprises.
"Reserve", in English, refers to the part of commercial banks' deposits in the central bank that exceeds the statutory deposit reserve ratio, which is generally called excess reserve, also known as "payment reserve".
Broadly speaking, the payment reserve includes cash on hand and deposits in the central bank. The former is called cash reserve and the latter is called deposit reserve, in which deposit reserve is the main body. China's general payment reserve, that is, reserve fund, is a narrow deposit reserve, that is, the deposits deposited by financial institutions such as commercial banks in the central bank. China commercial banks and other financial institutions in accordance with the provisions of the proportion of deposit reserves deposited in the central bank, in addition to the decline in customer deposits can be reduced or returned, shall not be withdrawn or used. Actually, it can't be used as a payment preparation.
Baidu Encyclopedia _ Reserve Fund