What does a bank account mean?

Bank account is the general name of deposit account, loan account and current account opened by customers in the bank, which can be divided into three categories according to different purposes, namely basic account, special account and auxiliary account. Generally speaking, state organs, organizations, military units, schools, enterprises and institutions must open bank accounts in banks.

The central bank issued the Notice on Improving the Classified Management of Personal Bank Accounts, which improved and upgraded personal bank accounts, mobile payment and other aspects. Personal bank accounts are divided into primary, secondary and tertiary bank settlement accounts. So, how to distinguish the types of bank accounts?

How to distinguish three types of bank accounts?

As early as 20 15, the central bank reformed individual bank accounts and divided them into three types of accounts with different authority levels. But there are still many people who can't distinguish the three types of accounts. Simply put, three types of bank accounts are like three wallets, with different amounts of funds and different uses.

Class I accounts are fully functional accounts, which can deposit, transfer money, pay for consumption and purchase wealth management products. The application scope and dosage are not limited, and the safety requirement is high.

Class II accounts are mainly wealth management accounts, with bank card numbers beginning with 62 and no physical cards. This kind of account can buy wealth management products and make certain consumption and payment, but it can't transfer money and deposit.

Class III accounts can only be used for small consumption and payment, and cannot be used for other businesses, with a limit of 2,000 yuan. This kind of account is also a bank card number starting with 62, and there is also no physical card. Generally speaking, Class I households are characterized by high security requirements and large amount of funds, which are suitable for large-scale payment; Class II and III households are characterized by outstanding convenience and relatively small amount of funds, which are suitable for small payment, and Class III households are especially suitable for emerging payment methods such as mobile payment.

It is worth mentioning that the classified management of bank cards will isolate account risks and reduce risks. For example, the cardholder's salary card is a kind of account. Once the mobile phone is poisoned or lost, it is equivalent to losing the salary card. And if the salary card is bound to a Class III account, this kind of account is specially used to bind Alipay, with a limit of 2,000 yuan. In case of theft, the risk can be controlled and personal losses can be reduced.