Current account refers to an account opened for projects that often occur in Chinese and foreign economic exchanges. The current account is the most important item in the balance of payments, including foreign trade balance (that is, import and export business), non-trade exchanges and free transfer.
Capital account refers to an account opened for capital export and input. Capital account reflects the changes of creditor's rights and debts expressed in currency between China and foreign countries, and is divided into long-term capital transactions and short-term capital transactions according to the term.
The following account nature code table lists the existing foreign exchange account types.
~ ~ ~ ~ Account Attribute Code Table ~ ~ ~
Account code account name
1 100 current account-settlement account
120 1 current account-contracted projects and trade projects
1202 current account-donation account
1203 current account-international freight account
1204 current account-international exchange account
1205 current account-travel account
1206 current account-tax-free account
1207 current account-offshore fishing account
1208 Current Account-Hotel Account in Foreign Hotels
1209 current account-foreign intermediary account
12 10 current account-cooperative education account
12 1 1 current account-real estate account
12 12 current account-international exhibition account
1300 current account-fixed deposit account
1400 current account-domestic Chinese-funded institutions
1500 current account-fixed current foreign exchange account for individuals and people coming to China.
1600 current account-other accounts
220 1 capital account-special account for external debt
2202 capital account-special account for foreign debt to loan
2203 capital account-special account for self-operated foreign exchange loans
2204 capital account-special account for loan repayment
2205 capital account-foreign currency stock account
2206 capital account-foreign exchange capital account of foreign-invested enterprises
2207 Capital Account-Temporary Account for Foreign Investment
2208 Capital Account-Asset Stock Clearing Account
2209 capital account-foreign currency stock trading account
22 10 fund account-futures account
22 1 1 special account for capital account-investment
2300 capital account-time deposit account
2600 Capital Account-Other Accounts
4200 temporary deposit account-an account for opening letters of credit and paying foreign exchange deposits.
4600 Temporary Account-Other Temporary Accounts