What functions are not supported by the fund supervision account of teaching and training institutions?
External payment settlement function. Off-campus training institutions shall independently choose a bank to open a special account for storing the minimum balance of the special account and tuition and fees. After the funds are deposited in the supervision account, they will be frozen and do not have the function of external payment and settlement. Mainly used for off-campus training institutions to start emergency plans when economic disputes occur or they cannot run schools normally. Information related to the special account must be reported to the local education administrative department for the record, and connected with the management platform to ensure that the management platform can timely grasp the information such as the institution running a school, the minimum balance of the special account, and the abnormal flow of large funds. , timely release risk warning, and gradually realize the full supervision of tuition and miscellaneous fees of off-campus training institutions.