Regulations Governing the Dedicated Deposit Account of Specialized Electronic Payment Institutions Article 20

A specialized electronic payment institution shall, on the basis of an agreement between the said institution and the managing bank, allocate a certain proportion of the total balance of funds received/paid as an agent from the managed account or cooperative account into the clearing account. If there is any shortfall, the specialized electronic payment institution shall instruct the managing bank to make up the shortfall on the same day. The specialized electronic payment institution and managing bank shall further evaluate the appropriateness of the proportion agreed in the preceding paragraph and adjust it when necessary.The specialized electronic payment institution shall comply with the operation mechanisms of the financial information service provider and ensure that there is sufficient balance of deposits in the inter-bank business fund account for clearing the payments of inter-institutions.