What does the bank's credit transition mean?

This business is a transitional accounting process within the bank.

The Agricultural Bank of China issued the "Basic Business Operating Procedures for Accounting of Agricultural Bank of China

", "Operating Procedures for Cash Business of Agricultural Bank of China",

"China Agriculture Notice of "Bank Loan Business Operating Procedures" (Agricultural Bank of China [2002] No. 172, December 2, 2002) stipulates: (2) Transition business of this teller. The teller's transfer business between different subsystem accounts within his authority selects the teller's transition transaction and processes it according to the principle of "credit transition first, debit transition later". After verifying that the elements of the accounting voucher and the original voucher are correct, the accounting voucher shall be stamped with the name and seal of the handler and reviewer; the original voucher, customer reply slip and collection notice shall be stamped with the relevant business seal and the name and seal of the handler and reviewer; After the original vouchers are attached with the accounting vouchers, the customer returns the receipt to the customer, and the payee is notified of the payment.

(3) Cross-teller transition business. Businesses that tellers cannot complete alone due to authority control should be processed through cross-teller transition transactions.

The cross-teller transition business is initiated by the debit teller. Select the cross-teller credit transition transaction, debit the payer account, credit the transition account, print accounting vouchers and double-coupled transition accounting vouchers. After verifying that the elements of the accounting voucher and the original voucher are correct, the accounting voucher and transitional accounting voucher shall be stamped with the name and seal of the handler and reviewer; the original debit voucher and customer reply note shall be stamped with the relevant business seal and the name of the handler and reviewer. chapter. The customer's receipt is handed over to the customer, and the original voucher, collection notice, and two copies of the transitional accounting voucher are delivered internally and handed over to the teller for processing.

After the receiving teller reviews that the transition accounting voucher and the original voucher elements are correct, select the cross-teller debit transition transaction, debit the transition account, credit the payee account, and print the received two-part transition accounting voucher. . The transitional accounting voucher is stamped with the name and seal of the handler and reviewer; the original credit voucher and the collection notice are stamped with the relevant business seal and the name and seal of the handler and reviewer; after the original credit voucher is attached with the accounting voucher, the collection notice is Deliver to the payee. Another copy of the transitional accounting voucher together with the original debit voucher is returned to the initiating teller and is attached to the accounting voucher. Businesses involving joint banks, bill exchange, bank cards, issuance of remittance (cash) bills, etc. shall be handled in accordance with relevant operating procedures.

What does the Agricultural Bank of China’s demand transfer transfer mean?

Some of the business, that is to say, the business that needs to be processed manually, will temporarily transfer the money you paid to others to Under a transition account (equivalent to freezing your balance), for example, if you want to remit money to someone else, but since it cannot be transferred directly between banks, you need to transfer it from the transition account of the Agricultural Bank of China to the transition account of the other bank, and then transfer it from the other bank to The account of the person you want to send money to.

What does transitional transfer period mean?

To put it simply, this is an accounting process, which is to use transitional accounts to maintain the balance of accounts (because banks use debit and credit accounts accounting method). If you are a customer, you don't need to know because this is the bank's internal accounting process.

What does "credit transition" mean in bank transfer?

Hello, I don't know where you saw the words "credit transition". That's the bank. The accounting method used to handle accounts. "Credit transition" means that the bank transfers the customer's funds from the customer's account and credits it in a transition account for the next step of accounting processing. The next step of business processing can be divided into different situations. Processing, in short, it is only used for transitional accounting. It has nothing to do with customers.

What does the current transfer account* of the remittance payment system mean?

A transitional account used within a bank, mostly used for transitional settlement of pending or wrong accounts such as acceptance bills or personal remittances.

What are the transitional accounts?

These are internal bank accounts to facilitate accounting processing.

What does bridge loan mean?

Hello classmate, I am very happy to answer your questions!

The word you mentioned is one of the vocabulary of futures practitioners. Mastering the vocabulary of futures practitioners can make you a fish in water in the study of futures practitioners. The translation and meaning of this word are as follows: A person or A short-term loan taken by a company before it obtains permanent financing

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What is a bank card transfer account?

Call customer service to inquire, each bank has different requirements.

What does China Construction Bank’s “Internet Banking Corporate Batch Business Transition Account” mean? 10 points

1. Online banking corporate batch business transfer account means online remittance or online salary payment.

2. Batch payment: Using the transfer settlement completed by the customer as a voucher, and based on the paper batch payment list and magnetic media batch payment list prepared by the customer, handle one-debit, multiple-loan batch payments for the customer business.

Why do bank loans need to be credited to a transitional account first?

Bind an account to facilitate customer repayment

For example, a mortgage loan must be repaid on a certain day of each month (such as the 10th)

It is unrealistic for customers to ask the bank to pay money on that day of every month

After binding the account, if you have enough money, you can save enough money in advance

to the time system It will be deducted automatically

It is convenient for customers and the bank