The basic account is mainly for daily transfer and settlement of account and cash receipt. It is the main account of a company.

企业基本户和一般账户都是属于公司对公的账户，用于企业经营所用。

youdao

Discharge of contractual rights and obligations does not affect the validity of contract provisions concerning settlement of account and winding-up.

合同的权利义务终止，不影响合同中结算和清理条款的效力。

youdao

We would appreciate a prompt settlement of this account.

我们将非常感谢你们迅速结清此账。

youdao

This is a big failing, because clearing and settlement account for 80% of the cost of European cross-border share trading.

ECONOMIST: The jilted exchange