What is capital supervision and what is its use?

Fund supervision (from custody), also known as third-party supervision. Mainly used for real estate transactions. It means that the transaction funds of buyers and sellers are not directly transferred through brokerage companies, but are transferred by the real estate administrative department in conjunction with the "special account" for fund supervision opened by banks and institutions with guarantee qualifications, and are owned by banks.

If the buyer transfers ownership within the specified time limit, the funds will be transferred to the original owner's account, otherwise it will be transferred to the buyer's account. Therefore, the supervision of funds requires buyers and sellers to open accounts in the supervision bank, and the bank is the main body of funds supervision, thus ensuring the safety of trading funds of buyers and sellers and safeguarding the rights and interests of buyers and sellers. Similar to online trading platforms such as Alipay and Tenpay.

The role of fund supervision:

1. For buyers, there are certain risks in both down payment and down payment before transfer, and fund supervision can be prevented to some extent? The risk of sealing up the house? 、? One room and two sales, the seller refused to transfer the contract? Waiting for the risk.

2. For the seller, it can ensure that the buyer has enough funds to pay the house payment, avoid the risk of interrupting the transaction due to insufficient funds, and safeguard the interests of the seller.

Extended data:

The fund supervision account is mainly used for real estate transactions. It means that the transaction funds of buyers and sellers are not directly transferred through brokerage companies, but are transferred by the real estate administrative department in conjunction with the "special account" for fund supervision opened by banks and institutions with guarantee qualifications, and are owned by banks.

If the buyer transfers ownership within the specified time limit, the funds will be transferred to the original owner's account, otherwise it will be transferred to the buyer's account. Therefore, the supervision of funds requires buyers and sellers to open accounts in the supervision bank, and the bank is the main body of funds supervision, thus ensuring the safety of trading funds of buyers and sellers and safeguarding the rights and interests of buyers and sellers.

Applicable object:

1. Supervise account funds related to specific credit projects, including but not limited to capital construction loans, decoration loans, real estate development loans, operating property loans, accounts receivable pledge financing, factoring financing, etc. ;

2. Other businesses that need to manage special funds in designated accounts, including but not limited to e-commerce deposit accounts and partnership fund accounts.

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