Offshore account is also called OSA account, and the accounts opened by overseas institutions in the offshore business department of domestic banks that have obtained offshore bank qualification according to law belong to overseas accounts; Offshore account only opens accounts for companies, not personal accounts. Compared with NRA accounts, offshore account is less subject to foreign exchange control. From the perspective of capital security, offshore account is safer and the supervision of the State Administration of Foreign Exchange is not so strict.
If it is in a domestic bank such as Shanghai Pudong Development Bank, Shenzhen Development Bank, China Merchants Bank and Bank of Communications, the account will show that "OSA" is offshore account. If you open an account in Hong Kong, such as Hongkong and Shanghai Banking Corporation, Hang Seng Bank, etc. , "OSA" offshore account will not be displayed on the account.
1. After the ordinary account is processed, it can be directly operated online.
2. If online banking cannot be found, only telephone banking can audit the accounts. After the transaction is entered, the system prompts that there is no transaction permission or insufficient permission. When you encounter this problem, you need to check the following settings:
1) Check whether "Operation Permission" has entry permission in Customer Service-Other Services-User Information Query.
2) Whether the "single limit (measured in RMB)" in customer service-other services-user information inquiry is enough to complete the transaction you want to operate.
3) Customer Service-Other Services-Check whether each account in the list of operable accounts has transfer authority in the user information query.
4) Customer Service-Other Services-Check whether the account in the list of operable accounts contains the account you want to operate.
5) Check the details of the operation business included in the offshore business in the operation business list, whether it includes the business you want to operate in Customer Service-Other Services-User Information Query.
If any of the above items is missing or inconsistent, the transaction cannot be completed. The administrator is required to make relevant settings (if there is no administrator, you should go to the counter).