8th September 2015 01:00 PM | |
Quick Sam | Re: Standard Chartered Bank Account Types Standard Chartered PLC is a British multinational banking and financial services company. Its headquartered is located in London. It was established in 1969. Types of Accounts RMB Basic Account- Main features: Pay employee wages and bonuses Make transfers and settlements Withdraw funds Manage your daily operational banking needs RMB General Account- Main features: Make cash payments No cash withdrawals are allowed Borrowing redeposits Receive funds and payments RMB Temporary Account- Main features: Fund collection and payments due to temporary business operations Transfers and settlements due to temporary business operations Cash withdrawals in line with national cash management regulations, such as the agent capital injection and verification RMB Special Account- Main features: Cash withdrawal in accordance with the RMB bank settlement account management approach and state regulations Extra budgetary funds, securities transactions settlement funds, capital construction funds, renovation fund, social security funds and other funds and payments requiring specified account management FCY Settlement Account- Main features: Foreign exchange settlements of foreign trade Foreign exchange revenue and spending under current account Foreign exchange revenue and spending under other accounts approved by SAFE FCY EFV Account- Main features: Verification of export proceeds Expenditure once the account is verified by bank network including foreign exchange settlements FCY Capital Account- Main features: Expenditure under current account within current range Foreign exchange capital injection and increase Expenditure under capital account subject to approval by SAFE FCY Local Loan Account Main features: Approved expenditure under capital account Revenue and repayment of loans Depositor repayment Expenditure under current account |
8th September 2015 09:21 AM | |
Unregistered | Standard Chartered Bank Account Types I want to know the types of accounts offered by Standard Chartered Bank? Also tell me the features of these accounts? |