What is the special account for bulk payment?

Batch payment in special account means that enterprises use enterprise accounts opened in banks to pay employees' wages in batches. Bulk agency business refers to the business that government agencies, enterprises and institutions entrust banks to pay for their employees' wage income, non-wage income, one-time agency fees and other items, and transfer funds from the accounts of government agencies, enterprises and institutions to their local or off-site employees' personal accounts.

Advantages of batch generation

Save the process of paying wages and reduce the mistakes made by financial personnel due to paying wages; And established a good business relationship with the bank, reducing the burden of keeping wages. It can not only optimize the personal banking process, but also help to handle credit business. Bank traffic can be used to handle large credit cards and loans, and it can become a high-quality customer of the bank.

On the one hand, batch payment can reduce the pressure on the bank counter, on the other hand, the wages paid on behalf of individuals can be saved and used.