Transfer settlement refers to a kind of bank currency settlement method in which money is transferred from the payment account to the collection account through the bank without using cash directly.
It is gradually developed with the development of the banking industry. When the settlement amount is large and the space distance is far away, it can be safer and faster to use transfer settlement. In modern society, most commodity transactions and monetary payments are carried out by means of transfer settlement.
Transfer method
There are many ways of transfer settlement, which are mainly divided into two categories: settlement in the same city and settlement in different places. City settlement includes cheque settlement, payment authorization settlement, city collection and acceptance settlement, collection and non-acceptance settlement, limit cheque settlement, etc.
Off-site settlement includes off-site collection and acceptance settlement, off-site entrusted collection settlement, exchange settlement, letter of credit settlement and limit settlement.
2065438+On February 25th, 2006, five banks of industry, agriculture, China, China Construction and Bank of Communications held a joint meeting on "Strengthening account management and promoting inclusive finance".
The domestic RMB transfer and remittance handled by customers through mobile banking is free, and the domestic RMB online bank transfer and remittance for customers below 5,000 yuan is free, which reduces customer fees.
application area
As a bank settlement method, transfer is widely used. Transfer settlement can be made between different places in the same city, between company accounts, between company accounts and personal accounts, and between personal accounts and personal accounts.
Handling principle
The bank shall handle the transfer settlement and the unit that handles the transfer settlement in the bank shall follow the principle of clearing the money and goods and safeguarding the legitimate rights and interests of both parties, and the bank shall not advance the payment. In addition, transfer settlement should also follow the relevant provisions of the state.
Free transfer
Inter-bank transfer is free.
In order to effectively curb the behavior of buying and selling accounts and opening fake accounts, and comprehensively promote the management of real-name accounts, the Notice on Strengthening the Management of Payment and Settlement to Prevent New Crimes in Telecommunication Networks clearly stipulates that:
Starting from 20 16, 12 and 1, when a banking financial institution opens a bank settlement account for an individual, the same person can only open one Class I account in the same bank. If a Class I account has been opened, a Class II account or a Class III account should be opened. This move aims to protect the safety of funds.