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What is the difference between headquarter and branch and parent and subsidiary company?

April 26, 2017branch COMPANY difference headquarter parent subsidiary

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What is the difference between headquarter and branch and parent and subsidiary company?

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Headquarter and branch, parent and subsidiary companies can all be regarded as group clients of our bank. The difference lies in that headquarter and branch belong to the same corporation, while parent and subsidiary companies can be different corporations. From the perspective of business, the major difference lies in cash management mode of group clients.