Difference between making a payment to a public account and a private one

Public account is the company's account, the money will be transferred to the company's account, if you want to use the company's account of the money, you may need to apply, individuals can not be arbitrarily misappropriated, and cash withdrawals will be subject to the limitations of the bank's regulations; money to the other party's private account, the other party can be used at will. In short, if the money is for individuals, transfer the money to the other party's personal account, if it is for the company, you can transfer the money to the company account.

The difference between public and private accounts:

1, the processing conditions are different: the public account needs to show the company's legal person certificate and business license and other relevant documents can be opened, while the private account only need personal documents can be opened.

2, the number of accounts is different: the public account can only open a private account can be opened more than one.

3, the business is different: the public account can only handle company-related business, while the private account can be used for deposit and withdrawal, transfer, consumption and other businesses.

4, the required information is different: to the public account information business license, organization code certificate, national and local tax registration certificate, legal person, a copy of the identity card of the operator and the official seal and reserved seal. Fill out the application for account opening; private account information personal ID card original. Fill out the application for opening an account.

Open a public account process:

1, make an appointment in advance with the bank account manager or directly with the relevant materials before going;.

2, under the guidance of the account manager to sign the relevant documents, stamps.

3, the bank will send the relevant information to the central bank, usually takes 5 working days, the central bank will issue account opening license; 4, wait for the account manager to notify to pick up the account.

4, waiting for the account manager to notify to pick up the license, back to the card and so on.

5, under the guidance of the account manager for the account deposit and other remaining operations.

In addition, generally speaking, in the account opening and license collection, the legal representative is personally present at least once.