Custody account is a new type of financial service mainly aimed at a series of needs such as financial management, investment between friends, supervision and planning of funds when starting a business. Customers can authorize personal accounts to others at the counter according to authorization. After the authorization is successful, the administrator can directly log in to ICBC's personal online bank to manage the account of the authorizer, and can carry out a series of operations such as transfer, investment and wealth management.

Second, the characteristics and advantages of the escrow account

1, simple operation.

The authorizer only needs to go to the counter with his valid certificate and relevant account, without the presence of the agent, and the authorizer does not need to register customers for online banking, which is convenient for customers to handle.

Managers can manage the authorizer's account and purchase financial products such as transfer and remittance, funds, gold, national debt, etc. only by using their own U shield for verification, so as to realize the intensive management of bank accounts.

2, save time and effort

As for the management and operation of the account, the authorized person does not have to go to and from the bank outlets in person, nor does he have to learn online banking operations. Everything can be done by the administrator, avoiding the pressure of running around and complicated operations on the daily life of the authorized person. At the same time, the authorized person can still operate his own account and handle various businesses in person without losing control of the account.

3. Expand financial management means.

There are many kinds of custody business, including securities investment fund custody, entrusted assets custody, social security fund custody, enterprise annuity custody, trust assets custody, rural social security fund custody, basic old-age insurance personal account fund custody, supplementary medical insurance fund custody, income and expenditure account custody, QFII (qualified foreign institutional investors) custody, valuables custody and so on. These custody businesses have broadened investors' financial channels.