Shang Meng Bank is a city commercial bank initiated by the Finance Department of Inner Mongolia Autonomous Region, China Construction Bank, Baotou Finance Bureau, Shang Hui Bank and some powerful state-owned enterprises. Is a newly established legal entity, independent of the contractor bank. Its business scope is limited to Inner Mongolia Autonomous Region, focusing on supporting the economic and social development of Inner Mongolia. Its business scope is limited to Inner Mongolia Autonomous Region, focusing on supporting the economic and social development of Inner Mongolia. The above is related to the bank to which Shang Meng Bank belongs.

Detailed introduction of bank settlement

Bank settlement includes cheque settlement, payment authorization settlement, collection without payment settlement, limit cheque settlement, etc. Bank external settlement mainly includes collection payment settlement, entrusted collection settlement, exchange settlement, letter of credit settlement and quota settlement. Transfer settlement can save a lot of cash, thus saving a lot of circulation management expenses. With the continuous development of social production and the continuous expansion of commodity circulation, if you use a lot of cash, you will pay a lot of printing expenses; The transportation and storage of cash will also cost a lot. Domestic commercial banks have successively opened mobile banking, such as China Merchants Bank, to carry out online transfer and remittance. This article is mainly about the knowledge points of Mongolian Commercial Bank, and the content is for reference only.