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Eight banks to manage the voluntary housing accumulation deposit fund
Updated: 2019-01-04    Source: Zhongshan Daily Large Medium Small Print

The Voluntary Housing Accumulation Deposit Fund has been available in Zhongshan since the start of this month. The first case was handled in Sanjiao Town on Wednesday.

"The Measures of Individual Voluntary Deposit and Utilization of Housing Accumulation Fund" took effect on January 1, 2019. At present, a total of 336 branches of 8 banks (Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Bank of Communication, Agricultural Bank of China, Shanghai Pudong Development Bank, China Guangdong Bank, Zhongshan Rural Commercial Bank) are able to handle this business.

Three types of personnel (aged 18 and above, living in Zhongshan), including freelancers, employers and employees of individual business, as well as employed people from Taiwan, Hong Kong, Macao, and foreigners, can deposit housing funds in Zhongshan on a voluntary basis.

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