Open basic deposit accounts, temporary deposit accounts (except those opened for registration and capital increase verification), special deposit accounts for budget units, and open RMB for qualified foreign institutional investors to engage in securities investment in the country. Special account and RMB settlement capital account (referred to as "QFII special deposit account");

You will usually be notified within 7 working days to receive the account opening license. The opening of general deposit accounts and special deposit accounts for non-budgetary units will officially take effect three working days after the account opening procedures are completed. Extended information

Abbreviation for canceling the bank account of the account opening unit. When a bank account is required to be canceled due to reasons such as cancellation, merger or relocation of an organization, the account cancellation procedures should be completed with the bank where the account was opened. When canceling an account, the unit must check the deposit (loan) account balance with the bank, then settle the deposit (loan) balance with the relevant vouchers issued by the unit, and return various blank important vouchers at the same time.

After the account is closed, the unit that canceled the account shall be fully responsible for all problems arising from failure to return blank important vouchers. When a current savings deposit account requires the account to be settled, the passbook must be withdrawn and canceled.

Baidu Encyclopedia-Cancellation