What Is The Starting Point Of Bank Settlement?

The so-called starting point of bank settlement refers to the minimum amount for each bank pfer settlement business.

All payments that are insufficient to settle the starting point are usually settled in cash. The bank will not handle the pfer settlement.

The state stipulates the starting point of bank pfer settlement, which is not only conducive to controlling cash settlement, but also can not affect the normal payment of funds and economic pactions between units.

If the settlement threshold is too low, the volume of bank pfer settlement will be greatly increased, which will not only increase pressure on banks, but also impede the development of economic activities among different units. The high starting point of settlement will expand the scope of cash settlement, which is not conducive to the control of cash flow in the country. Therefore, the starting point of bank settlement must be moderate.

According to the Interim Regulations on cash management, the starting point of the current bank settlement is 1000 yuan.

Of course, the starting point of settlement of various specific bank settlement methods is different, for example, the starting point of bank draft remittance amount is 500 yuan; the starting point of bank promissory note's quota is 100 yuan, and so on.

The specific content of this aspect will be described in detail later in the relevant projects.