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Insurance Fund Settlement


SPDB provides various types of insurance companies with the insurance fund settlement services such as insurance fund collecting, transferring, account consolidation and balance inquiry etc.

   Advantages

Safe, flexible, quick and highly efficient with streamlined procedures.

   Procedure

  • The insurance company applies to SPDB and both parties negotiate and confirm the insurance fund settlement plan.
  • Both parties sign Fund Management Agreement, Fund Transferring Agreement etc.
  • The insurance company advises its subsidiaries to cooperate with SPDB branches according to the requirement of the agreement signed.
  • Various SPDB branches provide fund settlement services to the insurance company's subsidiaries and upgrade the services continuously.




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