What is the meaning of social security expenditure account

Beijing Social Insurance Unit Information Registration Form Contribution Special Account: It is only used for the transfer of social insurance premiums and other specified expenses. The funds in the special account for contributions are used for transferring and settling between the participating units and the Beijing Social Insurance Fund Management Center, and cannot be withdrawn in cash or used for settling other funds. The insured units are required to deposit the full amount of social insurance premiums to be paid into the special account for contributions before the first day of each month.

Special Account for Contributions:

Participating units shall open a special account for contributions at a bank within 5 days from the date of approval of social insurance registration by the social security agency, and return the account opening receipt to the social security agency within 5 days from the date of approval by the social security agency, as well as the relevant account opening formalities stipulated by the People's Bank of China, and return the account opening receipt to the social security agency to which it belongs.

Beijing social insurance unit information registration form expenditure account: refers to the medical institutions that accept your treatment.

Fill in:

Payment account: fill in the name of the bank and the bank account that you personally or your organization designates for you to use for payment.

The expenditure account is filled in with the name of the bank and bank account of the medical institution that receives your treatment.

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