Enterprise account overdraft refers to the short-term financing and settlement facilities provided by the bank for the enterprise in the form of overdraft within the agreed account and agreed line after the enterprise obtains the bank credit line. When the enterprise needs temporary funds and the balance of the deposit account is insufficient for external payment, the overdraft of the enterprise account provides the enterprise with active financing convenience.

The biggest feature of enterprise account overdraft business is:

1, which simplifies the procedures for customers to obtain short-term financing from banks and meets the requirements of customers' temporary capital turnover;

2. Strengthen the financial management level of enterprises;

3. Reduce the ineffective idleness of enterprise funds and improve the efficiency of fund use.

Enterprise account overdraft is suitable for enterprises with good reputation, normal operation and standardized financial management, which open deposit accounts in banks and obtain certain credit lines.

Article 57 of the Civil Law of People's Republic of China (PRC) (hereinafter referred to as the Civil Law) is an organization with civil rights and capacity for civil conduct, which independently enjoys civil rights and undertakes civil obligations according to law. Article 58 A legal person shall be established according to law.

A legal person shall have its own name, organization, domicile, property or funds. The specific conditions and procedures for the establishment of a legal person shall be in accordance with the provisions of laws and administrative regulations.

The establishment of a legal person shall be approved by the relevant authorities in accordance with the provisions of laws and administrative regulations. Article 59 The legal person's capacity for civil rights and civil conduct arises when the legal person is established and disappears when the legal person is terminated. Article 60 A legal person shall bear civil liability independently with all its property. Article 61 In accordance with the law or the articles of association of a legal person, the person in charge of civil activities on behalf of the legal person is the legal representative of the legal person.

The legal consequences of the legal representative's civil activities in the name of a legal person shall be borne by the legal person.

The restriction of the legal representative's representation by the articles of association or the functions and powers of the legal person shall not be against the bona fide counterpart. Article 62 If a legal representative causes damage to others when performing his duties, the legal person shall bear civil liability.

After a legal person bears civil liability, it may claim compensation from the legal representative at fault in accordance with the law or the articles of association of the legal person.