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Characteristic formula of free trade account
Offshore account is relatively good, with free access to funds, favorable deposit interest rates and safe accounts. The characteristics of a free trade account are: offshore account is relatively good, funds can flow in and out freely, the deposit interest rate is favorable, and the account security is guaranteed. Free trade account refers to the innovative financial system in Shanghai Free Trade Zone and the first account system established in China. Compared with onshore accounts, offshore account is less subject to foreign exchange control, funds are more free to enter and leave, deposit interest rates and varieties are not restricted by domestic supervision, and account security is more secure.