A company can open several company accounts.

A company can open multiple company accounts, but only one basic account can be opened. Generally speaking, corporate accounts are divided into basic account, ordinary accounts, temporary accounts and special accounts. The number of ordinary accounts opened by the company according to business needs is not limited. However, it should be noted that basic households and ordinary households cannot open accounts in the same bank branch.

What's the difference between an ordinary account and basic account?

The base account is the basis of all accounts. To apply for an ordinary account, you need to open a basic deposit account first. Basic account is also the company's tax account, which can handle cash withdrawal business or open a general account in other banks.

A general account is a bank account opened for a specific business. You can't withdraw cash from a general account, you can only transfer it. There is no limit to the number of ordinary accounts that each bank can open, but it must be justified and provide some information about basic account.