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Q：
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What is a multinational company?
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A：
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It refers to an enterprise consortium formed by linking through capital, consisting of domestic and foreign parent companies, subsidiaries, and equity-participated companies, etc.
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Q：
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What does the cross-border centralized operation business of foreign currency and local currency funds of multinational companies entail?
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A：
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It refers to the situation where multinational companies, based on their own business and management needs, centrally manage and operate domestic and foreign currencies and funds both within and outside the country. They carry out operations such as fund collection and balance adjustment, centralized receipt and payment of current account funds, and net settlement through batch processing.
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Q：
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What are member enterprises?
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A：
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It refers to various domestic and foreign companies and their branches that are involved in the fund pool business, have direct or indirect shareholding relationships within the multinational company, or are controlled by the same parent company as the host company. The multinational company designates a domestic member enterprise with independent legal person status as the host company, which is responsible for fulfilling the duties such as filing of main business, implementation, data submission, and situation feedback.
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Q：
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What does the centralized collection and disbursement of current account funds refer to?
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A：
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It refers to the situation where the sponsoring enterprise centrally handles the domestic member enterprises' current account transactions through a domestic fund main account.
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Q：
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What does the net settlement of the current account difference refer to?
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A：
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It refers to the operation method where the sponsoring enterprise centrally accounts for the receivables and payables of its domestic and overseas member enterprises under the current account items through the domestic capital main account. It combines the transactions within a certain period into a single transaction. In principle, the net settlement of the difference should be conducted at least once every natural month.
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