Foreign currency is the abbreviation of "foreign currency", which refers to the currency of other countries or regions other than domestic currency. It is often used for foreign settlement business caused by trade, investment and other economic activities.
Bank deposits refer to the monetary funds deposited by enterprises in banks and other financial institutions. According to the provisions of the national cash management and settlement system, every enterprise must open an account in a bank, which is called settlement account deposit, for deposit and withdrawal and transfer settlement. Bank deposit accounts are divided into basic deposit account, general deposit accounts, temporary deposit accounts and special deposit accounts.
deposit account (DA)
Bank deposits are the monetary funds deposited by enterprises in banks or other financial institutions. According to business needs, enterprises open accounts in local banks, and use the opened accounts to handle deposits, withdrawals and various income and expenditure transfers.
The correct opening and use of bank accounts is the basis of fund settlement. Only when an enterprise opens a deposit account in a bank can it settle accounts with other units through the bank and handle the receipt and payment of funds. Enterprises should open and use deposit accounts in banks according to regulations.
The Measures for the Administration of Bank Accounts divides the deposit accounts of enterprises and institutions into four categories, namely, basic deposit account, general deposit accounts, temporary deposit accounts and special deposit accounts.
General enterprises and institutions can only choose one business institution of a bank to open a basic deposit account, which is mainly used for daily transfer settlement and cash receipt and payment. Enterprises and institutions can only withdraw wages, funds and other cash through this account. Enterprises and institutions can open general deposit accounts in other banks' business institutions, handle transfer settlement, deposit cash, but cannot withdraw cash.
Temporary deposit account is an account that depositors need to open for temporary business activities such as product exhibition in different places and temporary purchase of funds.
Special deposit accounts are accounts that enterprises and institutions need to open for specific purposes, such as special funds for capital construction projects and agricultural and sideline products funds. The sales payment of enterprises and institutions shall not be transferred to the special deposit account.
In order to strengthen the management of basic deposit account, enterprises and institutions must apply for an account opening permit issued by the local branch of the People's Bank of China to open basic deposit account, and enterprises and institutions are not allowed to open basic deposit account for repaying loans, debts and withdrawing cash; Do not rent or lend the account; Do not open deposit and loan accounts in different places in violation of regulations. No unit or individual may open an account in the name of an individual to store its own funds.