Does Minsheng Bank s money have an impact on depositors?

There is no impact. Qian Shengqian B is Minsheng Bank.

When your current account balance meets the financial management conditions, the funds will be transferred to the wealth management account at the end of the day batch and managed according to the financial management rules. When the payment amount exceeds the demand deposit.

When the effective balance is effective, the wealth management principal will be automatically withdrawn from the wealth management account at the end of the day to calculate the investment income.

and withhold interest tax, and the principal and after-tax income of money and money are deposited into the current account; When the payment amount does not exceed the balance of the demand deposit, no processing is carried out.

What is a "Money to Money B" wealth management account?

"Money Earns Money B" wealth management account is a value-added service provided by our bank for customers who have a large number of idle funds in foreign currencies (more than 50,000 yuan) and it is difficult to determine the deposit period.

It has achieved the perfect combination of liquidity and profitability.

From the date of deposit of funds, every 7 (minimum one day) notice deposit in the corresponding currency.

Money Makes Money B" Wealth Management Account Features.

1) Multi-currency wealth management: in addition to RMB, US dollars, euros.

Japanese yen, British pound.

Eight foreign currencies, including Hong Kong dollars, Canadian dollars, Swiss francs and Australian dollars, can enjoy various service functions of this business.

2) Short term and strong liquidity: Provide RMB 1-day and 7-day wealth management, foreign currency 7-day wealth management, and take 1-day or 7-day financial cycle as a financial cycle to improve capital liquidity.

3) Compound interest calculation, higher income: every 1 day or 7 days for an interest calculation cycle, at the same time, take 360 days of interest calculation method, financial management yield.

It is a multiple of the current deposit rate.

4) Withdraw at any time, as you like: You can withdraw at any time, and partial withdrawals are supported. When withdrawing money at business outlets, there are two humanized withdrawal rules that are provided by the system by default and optional.

5) T+0 fund use, flexible and convenient: If the required funds exceed the balance of current funds available in the card, the excess part can be recorded and disbursed within the limit of the total amount of all wealth management principals in the same currency wealth management account in the card, including withdrawal, transfer, card consumption, mortgage deduction, foreign exchange trading, and credit card repayment.

and other transactions. 6) Minimization of interest loss: In the case of withdrawal at any time, the interest loss of call deposit into demand period shall not exceed seven days.

Application process As long as you hold a Minsheng card (principal card) and have the minimum required RMB or equivalent foreign currency, you can apply for it at any of our outlets.

2) Each wealth management fund corresponds to a different wealth management account.

3) When partial withdrawal, if the remaining amount in the wealth management account is less than 50,000 yuan or equivalent in foreign currency, the remaining amount will be converted to current account.

4) A Minsheng card associated with a regular pass will not be able to sign a "Money Earn Money B" wealth management account.

5) In July 2005, our bank upgraded the wealth management product of Qian Shengqian B, which can now support overseas "T+0" and withdrawal function (i.e., automatic withdrawal).

Hello, Qian Shengqian B is a savings and wealth management launched by Minsheng Bank for a large number of idle funds in the current balance of your card, which can be withdrawn at any time, when the balance of your current account meets the financial management conditions, the funds will be transferred to the wealth management account at the end of the day, and will be managed according to the financial management rules. When the payment amount exceeds the effective balance of the current deposit, the wealth management principal will be automatically withdrawn from the wealth management account at the end of the day, the investment income will be calculated, and the interest tax will be withheld, and the principal and after-tax income of Qian Shengqian B will be deposited into the current account; When the payment amount does not exceed the balance of the demand deposit, no processing is carried out.

No, money makes money B is to automatically trigger the call deposit interest to the customer when the funds reach 52,000 yuan, there is no impact, and it is the most cost-effective to handle this when buying wealth management.

Qian Shengqian B wealth management account refers to the sub-account opened by Minsheng Bank in the customer's Minsheng debit card for the funds applicable to this contract opened according to the product attributes for the execution of the Qianshengqian wealth management contract, and each wealth management principal corresponds to a separate wealth management account. Customers can inquire about the investment status of the wealth management account, but they cannot directly operate the wealth management account and the wealth management principal in the account. Each currency current account of Contracted Money Generating B will be linked to a maximum of 7 investment accounts with different value dates.

Wealth management accounts are automatically opened or closed by the system according to the needs of investment, and customers are not allowed to access the account of their choice over the counter. Each wealth management account invests in a 7-day call deposit product. The interest of the wealth management account will be automatically notified at the same time, and the investment principal will be automatically withdrawn after the investment ends after 7 days, and the system will calculate and pay the interest on the 7-day call deposit, and after withholding the interest tax, it will be the financial income of the current investment.

The principal and income of wealth management are transferred to the current account, and the purchase is automatically made according to the initial deposit conditions, and the interest starts on the same day to start the next investment. When the investment cycle of the wealth management principal is less than 7 days from interest to withdrawal, customers can still enjoy the investment income of 1 day call deposit interest rate (foreign currency according to the current interest rate). Wealth management investments in different currencies are independent of each other.

Minsheng Bank is garbage, without the consent of others to make money business, that is, to divide the money in the bank card, just like gambling, boasting about the money is gone, let other people's hard-earned money be used to do this

In China, banks represent the credibility of the country, and any bank is backed by the credibility of the state. There is no phenomenon that the funds cannot be retrieved after the bankruptcy. At present, deposits are still very safe in banks, and ordinary people can not worry about it at all.

Even if banks are liquidated in the future, the deposit insurance system that will be introduced will create another safety net. The recent "missing deposits" incident is more or less related to violations of rules and disciplines, or bank irregularities, or depositor greed.

China Minsheng Bank is the first national commercial bank established by private capital in Chinese mainland, established on January 12, 1996. Major major shareholders include Liu Yonghao's New Hope Group, Zhang Hongwei's Oriental Group, Lu Zhiqiang's China Oceanwide Holdings Group, Wang Yugui's China Shipowners Mutual Insurance Association, Chinese Life Insurance Co., Ltd., Shi Yuzhu and others.

Banks are financial institutions established in accordance with the law to engage in monetary and credit business, and are the products of the development of the commodity and monetary economy to a certain stage.

Banks are divided into ** banks, policy banks, commercial banks, investment banks, and the World Bank according to their types, with different responsibilities.

State-owned policy banks: including the Export-Import Bank of China, the Agricultural Development Bank of China, and the China Development Bank.

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, UBS, Société Générale, etc.

World Bank: Used to finance countries to overcome poverty, institutions have a unique role to play in their mission to alleviate poverty and improve living standards.

The A shares of Minsheng Bank were publicly listed on the Shanghai ** Stock Exchange on December 19, 2000, and the H shares of Minsheng Bank were listed on the Hong Kong ** Stock Exchange on November 26, 2009. In 2018, it ranked 251st in the Fortune Global 500 list. On June 26, 2019, eight banks, including China Minsheng Bank, launched the first batch of enterprise information online verification systems.

Summary. Depositing money is risky in any bank, including Minsheng Bank. However, Minsheng Bank is a licensed commercial bank in Chinese mainland with high creditworthiness and stability.

This means that deposits are relatively safe at Minsheng Bank under normal business conditions. Minsheng Bank is supervised by the China Banking Regulatory Commission (CBRC) and assumes responsibility to protect the interests of depositors in accordance with Chinese law. In addition, Minsheng Bank has also adopted a series of security measures, such as establishing a risk prevention mechanism and maintaining sufficient capital, to ensure the safety of deposits.

However, it is worth noting that deposits in any bank carry certain risks, such as bank failures, economic crises, etc. In China, for individual depositors, each customer is entitled to deposit insurance, up to a maximum of RMB 500,000 per person per bank. If your deposit exceeds this limit, you may need to spread your deposit across multiple banks to spread your risk.

To sum up, depositing money is usually relatively safe at Minsheng Bank, but deposit insurance limits and deposit dispersion are measures to further ensure the safety of deposits. It is recommended that you understand the local banking regulatory policies and the specific situation of Minsheng Bank, and make reasonable decisions based on your own needs and risk tolerance.

Depositing money is risky in any bank, including Minsheng Bank. However, Minsheng Bank is a licensed commercial bank in Chinese mainland with high creditworthiness and stability. This means that deposits are relatively safe at Minsheng Bank under normal business conditions.

Minsheng Bank is supervised by the China Banking Regulatory Commission (CBRC) and assumes responsibility to protect the interests of depositors in accordance with the provisions of the PRC law. In addition, Minsheng Bank has also adopted a series of security measures, such as establishing a risk prevention mechanism and maintaining sufficient capital to cover the principal, to ensure the safety of deposits. However, it is worth noting that there are certain risks in any bank, such as bank failure, economic crisis, etc.

In China, for individual depositors, each customer is entitled to deposit insurance, up to a maximum of RMB 500,000 per person per bank. If your deposit exceeds this limit, you may need to spread your deposit across multiple banks to spread your risk. To sum up, depositing money is usually relatively safe at Minsheng Bank, but deposit insurance limits and deposit dispersion are measures to further ensure the safety of deposits.

It is recommended that you understand the local banking regulatory policies and the specific situation of Minsheng Bank, and make reasonable decisions based on your own needs and risk tolerance.

You've done a great job! Can you elaborate on that?

To sum up, depositing money is usually relatively safe in Minsheng Bank, but the deposit insurance limit and the separation of deposits are measures to further ensure the safety of deposits. It is recommended that you understand the local banking regulatory policies and the specific situation of Minsheng Bank, and make reasonable decisions based on your own needs and risk tolerance.

Summary. From my personal point of view, depositing money in Minsheng Bank is a relatively safe option. As a commercial bank operating in China for many years, Minsheng Bank has a well-established business system and a high reputation.

It is supervised by regulators and has strict risk control measures. The deposit business provided by Minsheng Bank is protected by law, and the deposit amount can enjoy the protection of the deposit insurance system within a certain range. Of course, as individual investors, we also need to take into account our own risk appetite and needs when choosing bank deposits, and conduct appropriate risk assessment and diversified asset allocation.

From my personal point of view, depositing money in Minsheng Bank is a relatively safe option. As a commercial bank that has been operating for many years in China, Minsheng Bank has a sound business system and a high reputation. It is supervised by regulators and has strict risk control measures.

The deposit business provided by Minsheng Bank is protected by law, and the deposit amount can enjoy the protection of the deposit insurance system within a certain range. Of course, as individual investors, we also need to take into account our own risk appetite and needs when choosing bank deposits, and conduct appropriate risk assessment and diversified asset allocation.

I'm still a little confused, can you be more detailed?

Minsheng Bank Royal Stool Bank is a commercial bank that has been operating in China for many years, with a well-established business system and a high reputation, which is supervised by regulatory authorities and adopts strict risk control measures. The deposit business enjoys the protection of the law and the insurance system. However, individual investors need to consider their risk appetite and needs, conduct appropriate risk assessment and diversify asset allocation when choosing bank deposits.

(1) Periodic rolling interest: every 1 day or 7 days is an interest calculation cycle, (2) at the same time, the 360-day interest calculation method (365 days for foreign currency), the rate of return of wealth management is much higher than the interest rate of demand deposits.

Qian Shengqian: 1) Definition: China Minsheng Bank (600016, stock bar) "Qian Shengqian B" wealth management account is a wealth management product formed after adding automatic notification and automatic rollover on the basis of call deposit products.

2) Target customers: frequent account receipts and expenditures, and a long period of precipitation of domestic and foreign currency funds; The middle class and white-collar workers who are busy with daily work and have no time to take care of capital management; Investment (foreign exchange speculation, **) people, there are frequent **, self-employed people with capital exchanges, business people, etc.

Minsheng Bank Qian Shengqian B has an interest-bearing cycle every 7 days, and the interest on the early withdrawal part is calculated according to the 1-day call deposit interest rate (foreign currency is calculated according to the current interest rate), and at the same time, the interest calculation method is adopted for 360 days, and the yield of wealth management is much higher than the current deposit interest rate. In the case of no withdrawal, the principal and interest will enter the next round of interest settlement cycle, which actually plays the role of compound interest.