Bank of Communications third-party custody process:
The first step is pre-designation: go to the securities company to designate the depository bank.
Customers bring identity documents, securities account cards, etc. , go to the counter of the business department of the securities company, open a securities margin account, designate the bank to deposit funds, and sign the corresponding bank deposit agreement between Bank of Communications and XX Securities Company's customer transaction settlement funds.
The second step is depository confirmation: establish depository relationship with Bank of Communications.
The customer carries his/her ID card, Pacific Debit Card of Bank of Communications and the depository agreement signed by the business department of the securities company, and goes to the counter of the Bank of Communications to go through the confirmation procedures of the depository bank, establish the depository relationship, and open the bank-securities transfer function.