Can I change my company account to another bank?

Legal analysis: Yes. Of course, the company's basic deposit account can be changed, and so can the bank. A depositor can only open a basic deposit account in a bank. Opening a basic deposit account is a prerequisite for opening other bank settlement accounts. There can only be one basic household, and there can be more than one general household.

Legal basis: Measures for the Administration of Bank Accounts

Article 24 Where a depositor applies for changing the name of an account, it shall cancel the original account and open a new account in accordance with the provisions of these Measures.

Article 25 When a depositor cancels his account, he must check the account balance with the bank where he opened the account, and go through the formalities of canceling the account after the bank has approved it. When the depositor cancels the account, he should return all kinds of important blank vouchers and account opening licenses.

Article 26 After canceling basic deposit account, depositors may open new accounts in other banks in accordance with the provisions of these Measures.