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If you go to a bank to buy funds from an account opened at a securities company, should you open an account or use the account opened at a securities company? Thanks.

Fund accounts only correspond to fund companies. That is to say, a securities company opens a fund account with a fund company, and then goes to the bank to buy funds from this fund company. It is just one account. If you buy a fund from another fund company, you need to open a new fund account at the bank. It's okay to open a securities company or a securities company as long as you have agency sales.

Generally, when you open an account at a securities company, the fund account is opened at the same time. Generally, you can buy and sell most funds after opening a Shenzhen account. It also depends on whether your fund is registered in Shanghai or Shenzhen.

Extended information:

Article 139 of the "Securities Law" stipulates that the transaction settlement funds of securities company customers should be deposited in commercial banks and managed in separate accounts in the name of each customer. Specific methods and implementation steps shall be stipulated by the State Council. Securities companies are not allowed to include clients’ transaction settlement funds and securities as their own property. It is prohibited for any unit or individual to misappropriate customers' transaction settlement funds and securities in any form.

When a securities company goes bankrupt or is liquidated, the client's transaction settlement funds and securities do not belong to its bankruptcy or liquidation property. Customers' transaction settlement funds and securities may not be seized, frozen, deducted or enforced unless due to the customer's own debts or other circumstances stipulated by law.

Baidu Encyclopedia-Securities Companies