"Bank name" refers to the bank where the drawee or payee opens an account during bill settlement. In layman's terms, it is the bank name of Kaka, an individual bank, usually the name of a branch.
"Account name" is also the name of the account opening unit or individual. For example: Zhang San. Generally, when transferring and remitting money, you must know the payee's account name, card number, bank and other information in order to remit money successfully.
An account opening bank refers to a business outlet that handles account opening procedures, that is, a bank that opens a bank account. The name of the bank is the name of the bank where the payer or payee opens an account in bill settlement, which can usually be understood as the name of the bank that opens the bank card.
Usually, an enterprise can only have one basic account in a bank, but it can have multiple general accounts in different banks. Basic account can withdraw cash and handle transfer and remittance, but general accounts can only handle transfer or remittance settlement business, and cannot withdraw cash.
Does the account name mean the name?
Account name refers to our name, but it may be a unit that opens an account in the bank, so at this time, the account name is the name of the unit. And the bank we often say is the business outlet that represents this bank card. We often confuse the account name with the bank, so for example, if you open an account with Xiao Wang in China Construction Bank and get a bank card, then the account name is Xiao Wang and the bank is China Construction Bank. Usually, you will get the specific name of a branch under the bank.
It should be noted that the account name refers to the name on the certificate, the account name of the individual account is the name on the personal identity card, and the account name of the company account is the name registered by the enterprise in the tax authorities and business license. In any case, the account name must be the same as the name on the personal or company certificate.
If the name of the certificate is inconsistent with the name of the account, the funds in the bank account will not be withdrawn, and the business requiring the certificate will not be handled. However, at present, all bank accounts are electronically entered, and we need to scan them with ID cards, so under normal circumstances, there will be no inconsistency between the account name and the name on the ID card.