Depository bank refers to a commercial bank that, in accordance with the requirements of the Securities Law, accepts the entrustment of securities companies and their customers and provides securities trading margin depository services for customers. Bank depository means that the bank manages funds and the platform manages transactions, separating funds from transactions, and the platform cannot directly contact funds to avoid direct misappropriation of customer funds.
In the third-party depository mode, the services provided by the depository bank include: managing the customer transaction settlement fund management account, managing the customer transaction settlement fund summary account, and accessing the transaction settlement fund.