According to Caiti's query. Com, the three-party depository account refers to the account where the bank deposits the settlement funds of securities transactions of securities companies' customers. The full name of "third-party depository" is "third-party depository of customer transaction settlement funds", which is a business provided by commercial banks and is often used in securities, futures, real estate and other trading activities. Third-party depository in securities trading means that the customer entrusts the depository bank to be responsible for the deposit and withdrawal of the customer's funds and the delivery of the funds according to the requirements of laws and regulations, and the securities trading operation remains unchanged.

The difference between "third-party depository business" and traditional transfer methods;

1. Customer deposits are managed by banks instead of brokers in the past;

2. Investors' deposits and withdrawals must be made through third-party depository bank-securities transfer, and the counters of securities companies no longer accept cash deposits and withdrawals and bank-securities transfer;

3. Customers can handle deposit and withdrawal through telephone banking, online banking, self-service entrustment of brokerage business department and telephone entrustment.