What is the relationship between the accounts to be verified, the US dollar account, and the capital

Foreign exchange accounts are divided into current account foreign exchange accounts and capital account foreign exchange accounts.

Capital metals are deposited in the capital account and can only be used to receive investment funds.

For US dollar settlement accounts, the accounts to be checked belong to the foreign exchange accounts under the current account, but the funds in the accounts to be checked cannot be settled in foreign exchange, and can only be transferred or settled after the funds are confirmed as current account funds.

The current account is the most important item in the balance of payments, including the three items of foreign income and expenditure (that is, import and export business), non-foreign transactions and free transfers.

The capital account refers to the account opened for the export and import of capital, and the capital account reflects the changes in the creditor's rights and liabilities expressed in currency between the country and the foreign country, and is divided into long-term capital transactions and short-term capital transactions according to the maturity.

The scope of income of the foreign exchange account under the current account is the foreign exchange income under the current account, and the scope of expenditure is the foreign exchange expenditure under the current account and the foreign exchange expenditure under the capital account approved by the foreign exchange bureau.

1. Foreign exchange account refers to the account opened in freely convertible currency by domestic institutions, institutions and individuals in China in banks and non-bank financial institutions that have been approved to engage in foreign exchange deposit business in accordance with the relevant account management regulations.

2. The foreign exchange account is opened in a bank, but the approval authority for opening a foreign exchange account is the State Administration of Foreign Exchange.

3. The scope of income of the account to be verified is limited to the export receipts of the enterprise. The expenditure of the account to be verified can only be handled after verification by the bank network, and the scope of expenditure includes the settlement of foreign exchange and the transfer of foreign exchange to the foreign exchange account of the enterprise under the current account after verification by the bank network, as well as other foreign exchange expenditures such as foreign exchange refund approved by the foreign exchange bureau. Transfers between accounts to be verified are not permitted.

The account balance is subject to interest accrual on demand deposits.

4. If the enterprise has not filed the basic information with the foreign exchange bureau, it needs to go to the foreign exchange bureau to handle the basic information filing before opening the account to be verified; If a bank has opened a foreign exchange account under the current account, the bank may directly open an account for the bank to be verified.

Foreign Currency Account Opening Steps:

1. When the account opening unit handles the receipt and payment of the account, it must issue the "Foreign Exchange Account Use Certificate" to the bank.

The depositary bank shall handle the receipt and payment of the account for the opening unit by virtue of the scope of account income and expenditure specified in the Foreign Exchange Account Use Certificate. Without the approval of the State Administration of Foreign Exchange, no account opening unit or bank may use the account beyond the scope of the account.

2. The account opening unit shall use the account in accordance with the provisions of the "Approval for Opening a Foreign Exchange Account" and the "Foreign Exchange Account Use Certificate" on the maximum account limit, use period, foreign exchange settlement method, etc., and shall not use the account beyond the scope or time limit.

For accounts with net income that need to be settled, the account opening unit shall handle the settlement of foreign exchange in a timely manner. If the account needs to be extended due to the progress of the project, it should be applied to the foreign exchange bureau in advance, and it shall not be extended without approval.

3. The foreign exchange account opened with approval must participate in the annual inspection every year.

The account opening entity shall comply with the Regulations on the Annual Inspection of the Current Account of Chinese-funded Enterprises of Domestic Institutions and relevant supplementary regulations. The annual inspection time is from January to April every year. The specific inspection of the account shall be carried out by the accounting firm entrusted by the account opening unit.

The State Administration of Foreign Exchange (SAFE) approves the list of designated accounting firms once a year and publishes it to the account opening unit. The account opening unit chooses an accounting firm to conduct an annual inspection of its account.

Account opening to be verified:

1. The account to be verified by the enterprise can be opened directly by the bank in the name of the enterprise, without the application of the enterprise and the examination and approval of the foreign exchange bureau.

2. If the enterprise has not filed the basic information with the foreign exchange bureau, it needs to go to the foreign exchange bureau for the basic information filing before opening the account to be verified; If a bank has opened a foreign exchange account under the current account, the bank may directly open an account for the bank to be verified.

As far as the account to be verified is concerned, it is an account used by banks and SAFE to monitor and review each foreign exchange income, in order to prevent an imbalance in the balance of payments caused by the inflow of large amounts of hot money. As far as the company I am waiting for, the account to be verified is only a derivative account of the foreign currency account, and there is no need to charge fees, but there is an additional account number, and the money in it cannot be used to pay other companies. I don't know if it helps you.

It's best to open it, how can it be better to open one more than one less, in case it is used in the future, and you don't need to spend money to open it, what do you care?! Listen to me, go open one!