Since February 25, 2016, five banks of industry, agriculture, China Construction and communications have held a joint press conference on "strengthening account management and promoting Inclusive Finance". For the domestic RMB transfer and remittance handled by the customer through the mobile bank, there is no service charge, so what is the service charge of the bank?
Bank charges are charged to the account of financial expenses. Generate handling fees, debit financial expenses and credit bank deposits.
The accounting entries are as follows:
Debit: financial expenses
Credit: bank deposit
Financial expenses include:
1. Interest expense refers to the net amount of interest expense (except capitalized interest) such as short-term loan interest, long-term loan interest, bill payable interest, bill discount interest, bond payable interest, long-term payable interest on imported foreign equipment minus interest income such as bank deposit.
2. Exchange loss refers to the difference between the purchase and sale price of the bank and the exchange rate used for bookkeeping due to the settlement or purchase of foreign exchange from the bank, as well as the difference between the RMB amount recorded in the account and the RMB amount in the original account at the end of each month (quarter, year), which is converted by the foreign currency ending balance of various foreign currency accounts according to the specified exchange rate at the end of the period.
3. Relevant handling fees refer to the handling fees to be paid for the issuance of bonds (excluding the handling fees to be capitalized), the bank handling fees for the issuance of bills of exchange, the handling fees for the adjustment of foreign exchange, etc., but excluding the handling fees paid for the issuance of shares, etc.
4. Other financial expenses, such as financial leasing expenses incurred by fixed assets under financial leasing.