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What does it mean to deduct one old and one small in batches according to the bank agreement?

It is to withhold the old-age insurance for the elderly and the tuition and fees of the children. "One old and one young" refers to withholding old-age insurance for the elderly and tuition and fees for children. Banks are financial institutions established in accordance with the law to operate monetary credit business, and they are the products of the development of commodity monetary economy to a certain stage.