Batch operation of banks means closing accounts and batch processing. The most important thing is to generate general ledger and check the total score.

Trading at the counter during the day, operating the account in time, no integration, lazy business, integrating some businesses at night and generating reports in batches. Such as: regular savings integration, automatic transfer at maturity, etc.

All businesses except clearing banks can also catch up with interest calculation, accrual, receipt and payment, etc ... This is the process of generating reports and exporting operation data. To put it simply, it is to settle the money at midnight every day, which is also to reduce the workload of tellers and reduce the increase of resources during peak hours, because the collection and payment are also completed in batches. Batch is just some reports for statistics and management.

Characteristics of bank settlement accounts:

(1) handle RMB business. This is different from foreign currency deposit accounts, which handle foreign currency business and must be opened and used in accordance with the relevant regulations of the State Administration of Foreign Exchange.

(2) Handling fund receipt and payment settlement business. This is obviously different from a savings account. The basic function of savings is to deposit and withdraw principal and interest, but it cannot handle the receipt and payment of funds.

(3) It is a current deposit account. This is different from the company's time deposit account, and there is no settlement function.

Refer to the above content: Baidu Encyclopedia-Bank Settlement Account