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TrustFinanceRule

Last Updated: May 30, 2019

Introduction to trusteeship


1. What is a trusteeship?

Trusteeship is a mutual relationship built on trust that is established between a main account and a linked account. The main account is used to manage the financial assets of the linked accounts. The linked account only has permissions to operate resources.In Expense Center, you can set the Policy to Trusteeship when you link two accounts in Finance Cloud. This authorizes the main account to manage the financial assets in the linked account.


2. Financial assets included in a trusteeship

After a trusteeship is established between two accounts, the main account pays the Subscription and Pay-As-You-Go bills of the linked account.

  • [DO NOT TRANSLATE] Whether the resources of the linked account stop or restart depends on the available funds in the main account.
  • All orders and bills of the linked account are linked to the main account. You can use the main account to view these orders and bills.
  • All invoices of the linked account are linked to the main account. You can use the main account to apply for these invoices.
  • All income and expenses of the linked account are linked to the main account. You can use the main account to view income and expenses.


3. Precautions

  1. When you establish a trusteeship between two accounts, the accounts must be owned by the same enterprise and the enterprise identity must be verified. The invoice title for the accounts must also be the same. The account manager for both the main account and the linked account must be the same.
  2. Before you establish or remove a trusteeship between two accounts, processing or unpaid orders cannot exist in the linked account. Processing or unpaid orders include orders for subscription renewal, configuration change, and upgrade. You must cancel or complete these orders. Otherwise, the owner of these orders is unclear.
  3. When you establish a trusteeship between two accounts, the balance of the linked amount must be equal to or greater than zero.
  4. You cannot invite accounts that have a trusteeship. In addition, you cannot invite accounts, such as distributor and virtual network operator (VNO) accounts.
  5. After a trusteeship is established between two accounts, you can perform several operations by using the linked account. These operations include renew, refund, reconcile, upgrade, downgrade, and change resource types.
  6. When you establish a trusteeship between two accounts, we recommend that the linked account has no available resource. After a trusteeship is established, resources that were purchased by the linked account are refunded to the main account. In addition, when you remove a trusteeship between two accounts, we recommend that no available resource exists. When a trusteeship is removed, resources that were purchased by the main account are refunded to the linked account. When you transfer resources, you must submit an application to your account manager.
  7. The expenses of the linked account are not amortized. No expense bill for the linked account is provided.
  8. SMS alerts for low balance and payments are no longer sent to the linked account. All alerts are sent to the main account.
  9. When a trusteeship is established between two accounts, the payments for domestic domains are disregarded by the main account. When the payments for domestic domains occur in an linked account, SMS alerts are sent to the linked account rather than the main account.
  10. When you subscribe to services and pay bills for the linked account, you share the discount of the main account by default. However, for Alibaba communications products, the linked account uses its own discounts by default. For more information about discounts, see Finance Cloud discount rules.
  11. After a trusteeship is established, you cannot transfer funds from the main account to the linked account.
  12. The linked account cannot participate in the unified settlement.
  13. After a trusteeship is established between two accounts, the account manager of the linked account remains unchanged.
  14. After a trusteeship is established between two accounts, bills from the next billing cycle are credited to the main account. For example, when a trusteeship is established or changed between two accounts, the bills of the present day for pay-by-day products are credited to the linked account or the previous main account. Bills for the next day are credited to the current main account. This rule also applies to discount calculation.
  15. After a trusteeship is established between two accounts, you can use the discount of the main account to purchase subscription products. Additionally, expenses incurred by these subscription products are added to the main account.
  16. When a negative balance exists in the linked account, you cannot remove the trusteeship between the main account and the linked account. For more information, see Rules for removing a trusteeship in Finance Cloud.
  17. After a trusteeship is removed between the main account and the linked account, the linked account is responsible for renewing its own resources.


4. More information

As described in the preceding rules, you can establish or remove a trusteeship between two accounts. If the linked account has available resources before the trusteeship is established, the resources are transferred to the main account with the validation period unchanged. If the trusteeship is removed, the resources are transferred back to the linked account and the validation period is still unchanged. After resources are transferred, they are available within the remaining period but without financial values. When you downgrade the configurations of these resources, no refund is provided.


5. FAQ
  1. What is the CNY 1,000 limit on cumulative bills? The owner of the linked account must pay at least CNY 1,000 for cumulative bills before establishing a trusteeship.
  2. Pay-As-You-Go expenses from the next billing cycle are linked to the main account. The Pay-As-You-Go expenses in the linked account for the current billing period must be paid before proceeding. You must ensure that the account balance for the linked account is greater than zero before establishing a trusteeship.