I have opened a stock account and bound a bank card. After that, a text message prompts me to transfer funds to complete the activation. However, when transferring money, it prompts that the account s

I have opened a stock account and bound a bank card. After that, a text message prompts me to transfer funds to complete the activation. However, when transferring money, it prompts that the account status is abnormal.

The reason may be that the third-party custody was not handled properly.

"Third-party custody" means that the securities transaction settlement funds of securities companies' customers are deposited with banks, and the depository bank is responsible for the deposit, withdrawal and fund settlement of customer funds in accordance with the requirements of laws and regulations. Securities trading operations remain unchanged. This business follows the principle of "brokerages manage securities and banks manage funds", that is, brokerages manage stocks and banks manage money. Investors' securities accounts and securities margin accounts are strictly managed separately.

The third-party custody process:

1. Before investors enter the market, they must first determine which brokerage business department they want to open an account with, and then find out which banks this business department works with. There is a third-party depository cooperation business, and you can choose a bank among them, apply for a debit card, and open telephone banking and online banking services. Existing debit cards from the bank can also be used.

2. Sign the "Tripartite Agreement on Third-Party Custody Business of Customer Transaction Settlement Funds" and fill in the "Application Form for Third-Party Custody Business of Customer Transaction Settlement Funds", and apply for pre-designation of third-party custody at the counter of the sales department .

3. If the investor does not have a shareholder card, he or she needs to bring the original ID card to the brokerage business department to open a Shanghai and Shenzhen stockholder card. Then take your bank debit card, Shanghai and Shenzhen Stock Exchange shareholder cards, and original ID cards to open a capital account at the sales department counter.

4. Hold bank debit card, Shanghai and Shenzhen stockholder cards, original ID card, securities fund card, "Tripartite Agreement on Third-Party Custody of Customer Transaction Settlement Funds" and "Customer Transaction Settlement Funds Third Party Agreement" "Third Party Custody Business Application Form", go to the bank to sign the confirmation procedures.