.contact us |.about us

Highlights ... ...
Search:
    Advertisement
New bank rule applies to foreigners
( 2003-09-04 10:51) (Shenzhen Daily)

From Sept.1, the current deposit accounts of personal savings are being automatically reclassified as settlement accounts including those of foreigners in Chinese banks, according to a new bank account regulation by the People's Bank of China.

The new rule stipulates that individuals need to open separate clearing accounts for settlement and checking purposes. The major banks, including the Industrial and Commercial Bank of China and the China Merchants Bank (CMB), are automatically changing all the accounts for current deposit and bank card accounts into clearing accounts unless otherwise instructed by individual customers.

Personal accounts for time deposit were treated as personal savings accounts if customers raised no objections, a source with CMB said.

Individual customers can confirm the change or open new clearing accounts with valid identity cards at any time. Foreigners should take their passports or relevant legal documents to the bank.

The personal clearing accounts also allow for savings account functions such as deposits and cash withdrawals, according to the new regulation. There is no charge for opening or designating clearing and savings accounts.

The measure is aimed at keeping abreast of the changing payment needs of the Chinese people and will help banks improve their competitiveness, as reported by the China Daily on Aug. 29.

It is expected to boost the use of personal checks and online payments as well, according to some analysts.

The China Daily report also said the new regulation would control cross-account transfers of funds by differentiating personal clearing accounts and corporate clearing accounts, which would, to some extent, prevent money laundering, financial fraud and other illegal transfers of funds.

   
Close  
  Go to Another Section  
     
 
 
     
  Article Tools  
     
  E-Mail This Article
Print Friendly Format
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
主站蜘蛛池模板: 国产在线精彩视频| 4455永久在线观免费看| 久久www成人看片| www.人人干| 亚洲武侠欧美自拍校园| 色屁屁www欧美激情在线观看| 精品一久久香蕉国产线看观看下| 欧美最猛黑人xxxx黑人猛交| 日本道色综合久久影院| 女人18片毛片60分钟| 国产桃色无码视频在线观看| 北条麻妃中文字幕免观在线| 亚洲免费视频观看| 中文字幕一精品亚洲无线一区| 91香蕉视频下载导航| 蜜臀精品无码av在线播放| 波多野结衣有一部紧身裙女教师| 日韩在线永久免费播放| 女地狱肉之壶极限调教2| 国产成人刺激视频在线观看| 免费一级大黄特色大片| 乱人伦中文字幕在线不卡网站| peeasian人体| 韩国美女主播免费的网站| 波多野结衣被绝伦在线观看| 日本孕妇大胆孕交| 国产色秀视频在线观看| 啊灬啊灬啊灬快灬深久久| 亚洲一区二区三区在线观看蜜桃 | 亚洲第一香蕉视频| 中日韩精品视频在线观看| 1000部拍拍拍18免费网站| 精品国产香港三级| 日韩男人的天堂| 在人间电影在线观看完整版免费 | 精品无码国产一区二区三区51安| 曰批免费视频播放30分钟直播| 在线观看成人免费视频| 啊灬啊灬啊灬快灬深用口述| 亚洲AV无码之日韩精品| 99久久国产热无码精品免费|