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Inter-city Settlement Account

I. Target Client
The depositors may open an inter-city settlement account under the following circumstances:
1. Needing to open a primary deposit account when the place of business license registration and the place of operation are not in the same administrative area.

2. Needing to open a general deposit account for handling inter-city loans and other settlement business.

3. The depositor needs to open a special deposit account for the revenue accumulation or business expense incurred by its affiliated non-independent accounting unit or agencies.

4. Needing to open a temporary deposit account for inter-city temporary operating activities.

II. Application Condition
Please consult to the local business offices of ICBC in the account opening area.

Corporate Finance