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    The Concept Of Bank Deposit And Its Scope Of Use

    2007/12/1 15:14:00 41728

    Bank deposits refer to monetary funds held by enterprises or institutions in banks or other financial institutions.

    It is a major means of fund settlement in modern social economic interaction.



    According to the relevant regulations of the state, all enterprises with independent accounting must set up accounts at local banks.

    After an account is opened in a bank, a cash reserve exceeding the limit must be deposited in the bank, except for a certain amount of cash held by the bank in accordance with the prescribed cash limit of the enterprise.

    All monetary revenue and expenditure business activities in enterprises and undertakings shall be pferred through bank accounts in accordance with the provisions of the bank settlement method in addition to the direct payment of cash in accordance with the relevant provisions of the state's interim regulations on cash management.

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    Improving The Legal Environment Of Enterprises From The Revision Of Company Law

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