How does Minsheng Bank s rooibos work?

"Rooibos" is a settlement service product for the direct bank of China Minsheng Bank and ** company to complete the automatic subscription and redemption of currency for the current balance of the customer's electronic account.

Users need to register, fill in personal identity information, bind Minsheng bank card, and set a transaction password. If you are a non-CMBC card user, you need to upload the front and back of your ID card clearly**, and Minsheng Direct Bank will inform the user of the review result by SMS and email within 24 hours. If the user transfers the amount from the bound card to the electronic account within 3 days, the electronic account will be automatically activated after bank verification.

2) After entering the homepage of Minsheng Bank, you can see the direct bank in the upper right corner of the webpage, click it again.

3) Go to the next page and click on Rooibos.

4) The page jumps, you can see the page shown in the figure below, there are Rooibos's seven-day annual income, immediate signing and other content, click to sign now.

5) The page jumps, and it will prompt the words "You have not logged in, please log in", click to log in.

6) Jump to the login page, enter the username and password of Minsheng Bank to log in and purchase. If you do not have a username and password, you will need to register and log in.

Hello, are you going to sign a contract? Direct bank rooibos contract channel:

You can sign up for Rooibos products through Direct Banking**, Direct Banking Mobile Banking Client, Direct Banking WeChat Banking, or through third-party merchant channels that have signed contracts with our bank.

Minsheng Bank. Rooibos is a currency launched by Minsheng Bank and **company**.

Wealth management products can be subscribed for a penny, and the minimum purchase threshold is relatively low.

Rooibos as a currency ** wealth management product, its risk nature and Yu Bao.

It's pretty much the same, and they all belong to relatively stable financial products. There are a total of 12 wealth management products in this series, with a seven-day annualized rate of return.

in between. Extended information: **, in English is fund, in a broad sense, it refers to a certain amount of funds set up for a certain purpose. It mainly includes trust investment, provident fund, insurance, retirement, and various wills.

From an accounting perspective, ** is a narrow concept that refers to funds with a specific purpose and use. We refer to **investment** mainly.

According to different criteria, **investment** can be divided into different categories:

According to whether the unit can be increased or redeemed, it can be divided into open-ended.

and closed**.

Open-ended non-listed trading (it depends on the situation), through banks, brokers, and companies to subscribe and redeem, the scale is not fixed; Closed-end has a fixed duration and is generally listed and traded on the trading venue, and investors pass through the secondary market.

Buy and sell** units.

According to the different organizational forms, it can be divided into company type ** and contract type **.

**Established by issuing **shares** to establish an investment company**, usually referred to as a corporate **; It is established by the manager, the custodian and the investor through a contract, which is usually called a contractual type. China's **investment** are all contractual**.

According to the different investment risks and returns, it can be divided into growth, income and balance**.

According to the different investment objects, it can be divided into bonds**.

, currency, and hybrid.

Minsheng Bank's Rooibos, like CCB's Quick Profit, has a relatively high level of security; Although there is a risk, from the historical data, it is a capital-guaranteed financial management, and the risk is very low.

First of all, Minsheng Bank's platform is secure; Secondly, Minsheng Bank's rooibos is connected to the currency, and the security of the currency is relatively poor; While risky, historically, currencies** have been principal protected.

Minsheng Bank's Rooibos is a current wealth management product, which is connected to 10 currencies**: Minsheng Jiayin Cash Treasure Money Market**, Harvest Live Wallet Currency**Class E Share and Debang Ruyi Money Market**, etc.

Currency** fast withdrawal to bank card limit of 10,000, ordinary withdrawal to account no limit; Flexible access and low minimum purchase amount, you can invest 1 yuan; The yield is relatively high, far exceeding the bank's deposit interest rate.

Whether there is a risk in the rooibos of Minsheng Bank, we will discuss it from two aspects: online payment risk and investment risk.

On the one hand, there is the risk of online payment. From the perspective of online payment risk, it involves the security of the network environment: whether the equipment used by investors for online payment, such as computers and mobile phones, is secure, and whether there are problems such as being implanted with viruses and Trojans; Whether the payment system environment of Minsheng Bank is secure, whether it has been hacked or invaded by computer viruses.

On the other hand, there is investment risk. From the perspective of investment risk, since Minsheng Bank's Rooibos is linked to currency, the relative safety risk of the investment target of currency is extremely low. Unless extreme circumstances occur:

In the event of financial disorder, sudden and huge redemptions, and changes in political power, losses may occur. Therefore, the investment risk of Minsheng Bank Rooibos is relatively low. Normally, we would consider Minsheng Bank's rooibos products to be safe.

Judging from the above situation, although there are certain risks in the Ruyi Bao of Minsheng Bank, it is still very safe in terms of the whole and the body, and it is a wealth management product worthy of investors' trust. Judging from historical data, high monetary base is definitely a way to protect capital and manage money.

What is Minsheng Bank Rooibos? How about Rooibos? Minsheng Bank's "Yu Bao" product--Rooibos, do you understand? Next, let's take a look.

What is Minsheng Bank Rooibos? "Rooibos" is a currency-based Internet balance wealth management product, Minsheng Jiayin**, as a company controlled by Minsheng Bank, is the main currency provider of "Rooibos". "Rooibos" can be purchased on the ** platform of Minsheng Bank, and has the attributes of a distinct Internet wealth management product.

It can be invested at a minimum of 1 cent, and it can be accessed at any time.

How about Rooibos? Compared with currencies such as "Yu Yu Bao", Minsheng Bank's direct bank has great advantages in its own strength and product design, which makes "Rooibos" products worthy of market expectations. "Rooibos" is also the first step for traditional banks to get involved in Internet financial management.

The main docking product of "Rooibos" is a currency ** product under Minsheng Jiayin** - Minsheng Jiayin Cash Treasure. Currency** does not promise capital preservation. But in reality, the probability of a loss of principal in a currency** is very small.

Judging from historical data, in the past ten years since the emergence of currency ** in the domestic market, there have been only a handful of single-day losses, and the situation of continuous losses for more than two days is unprecedented. It is not capital preservation, but it is better than capital preservation.

In the volatile market environment, investors need to see clearly** withdraw funds in time to protect the principal, or redeem when the product is not good, and choose other ones with low risk and good expected annualized returns.

What is the expected annualized rate of return of Rooibos of the People's Republic of China? When will the money arrive after the CCB Quick Profit is sold?

Minsheng Bank Rooibos transfer-in (subscription) rules:

1. After the customer signs the contract of "Rooibos", the system will automatically initiate a subscription transaction to the cooperative company in batches with the current balance in the bound electronic account.

2. There is no cumulative limit for transfer-in in a single day. Minsheng Bank and its cooperative companies have the right to revise this limit.

3. Trading day: the normal trading day of Shanghai ** Exchange and Shenzhen ** Exchange.

Minsheng Bank Rooibos transfer out (redemption), payment rules:

1. After the customer initiates the transfer, consumption, payment and other fund transfer instructions, the system will automatically initiate the product redemption transaction application to the cooperative company, and after the cooperative company confirms, the money will arrive in the customer's electronic account in real time, and the customer redemption money will be used for the transfer, consumption, payment and other fund transfers initiated by the customer. The expected annualized expected return is not calculated on the day of the transfer.

2. Redemption rules: When a customer initiates a redemption transaction, the shares in the account shall be processed automatically by the system of Hezhou Judgment Company.

3. Real-time redemption limit on the same day: When the customer redeems, the maximum real-time redeemable amount on the same day is 5 million yuan, and our bank and the cooperative company can modify this limit according to business needs and announce it in the rooibos business reminder in advance.

4. Real-time total redemption quota control: In order to avoid excessive real-time large-amount redemption affecting the business operation of Rooibos, our bank and cooperative companies have set up a real-time total redemption quota. If the customer's real-time redemption amount exceeds the total real-time redemption quota available to the system on that day, the customer will be prompted to fail the transaction or make an appointment for redemption.

5. Appointment redemption: If the real-time redemption limit is exceeded, the customer needs to make an appointment for redemption, and there is no limit for the appointment redemption temporarily, and the money will be transferred to the customer's account on T+1 day, and the account will not be automatically subscribed within three days, and the customer can manually activate the automatic subscription or the system will resume the automatic subscription after three days.

Everyone knows Yue Bao and Alipay, but few people know Ruyi Bao. "Rooibos" is a currency-based Internet balance wealth management product, and Minsheng Jiayin**, as a company controlled by Minsheng Bank, is the main currency provider of "Rooibos".

Minsheng Ruyi Bao and Yu Bao are both currencies**, and currencies** are mainly invested in market currency instruments such as cash, agreement deposits, short-term bonds, etc., with good liquidity and low risk. While theoretically every investment is risky, the probability of a currency** loss is extremely small from historical experience. Then many people will ask:

What are the rules for the transfer or redemption of Rooibos of Minsheng Bank?

What are the rules for the transfer or redemption of Rooibos of Minsheng Bank?

1. The customer initiates transfer, consumption and payment.

After the fund transfer instruction, the system will automatically initiate a redemption transaction application to the company, and after the company confirms, the money will arrive in the customer's electronic account in real time for the customer to transfer, consume, pay, etc. The expected return of the transferred funds is not calculated on the same day.

2. Redemption Rules:

When the customer initiates a redemption transaction, the shares in the account will be processed automatically by the company's system.

3. Real-time redemption limit on the same day:

When the customer redeems, the maximum real-time redeemable amount on the day is 5 million yuan, and Minsheng Bank and ** company can modify this limit according to business needs and announce it in the rooibos business rules in advance.

Yuanling God Wang Slip 4, real-time redemption total quota control:

In order to avoid excessive real-time large-amount redemption affecting the business operation of Rooibos, Minsheng Bank and ** Company have set up a total real-time redemption quota. If the customer's real-time redemption exceeds the total real-time redemption quota available to the system on the same day, the customer will be prompted to fail the transaction or make an appointment for redemption.

5. Appointment redemption: If the real-time redemption limit is exceeded, the customer needs to make an appointment for redemption, and there is no limit for the appointment redemption temporarily, and the money will be transferred to the customer's account on T+1 day, and the account will not be automatically subscribed within three days, and the customer can manually activate the automatic subscription or the system will resume automatic subscription after three days of hail loss.

The above is an introduction to the relevant rules for the transfer or redemption of Rooibos of Minsheng Bank, we often encounter the problem of transfer out and redemption in the process of using wealth management products, and the rules are different between different products.