Is the fund custody agreement legal?

This is a legal agreement.

The validity of a contract should be judged from two aspects. Whether 1. meets the effective conditions. The conditions for the contract to take effect include: whether the parties to the contract have civil capacity, whether the expression of will is true, and whether the contents of the contract violate laws and administrative regulations. The second is whether the contract belongs to the invalid contract stipulated in the contract law.

Model fund custody agreement

* the parties:

Party B:

According to the relevant regulations, on the basis of equality, voluntariness, fairness, honesty and credit, Party A and Party B reached an agreement on entrusting Party B with the legally owned funds through consultation.

I. Escrow matters

1. Party A voluntarily entrusts its legally owned funds to Party B for custody, and the specific amount of custody shall be subject to the actual amount paid by Party A to Party B. ..

2. Party B shall use the account opened in its own name to trust Party A's funds. ..