Traditional Culture Encyclopedia - Traditional culture - What does CTS account mean to banks?
What does CTS account mean to banks?
A securities company must open an account with your bank. After investors transfer their money into the stock market, as long as they don't buy stocks, the money will always be in the account opened by the brokerage in your bank, and the unit deposit can be increased.
We can open three-party bank cards for customers, and open additional services such as SMS notification, online banking and mobile banking.
There are a lot of stocks coming in and out. By querying the daily deposit and withdrawal accounts of branches, high-quality customers and potential high-quality customers can be screened out.
Cts transfer:
"Third-party depository" means that the securities trading settlement funds of securities company customers are deposited by banks, and the depository banks are responsible for the deposit and withdrawal of customers' funds and the delivery of funds according to the requirements of laws and regulations, and the securities trading business remains unchanged;
This business follows the principle of "securities management by brokers and funds management by banks", that is, securities management by brokers and funds management by banks, and investors' securities accounts and securities margin accounts are strictly managed separately.
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