What are the main roles and responsibilities of the custodian bank in trust products? Find out more

The introduction of custodian banks is more conducive to the bank to supervise the flow of funds and supervise whether the project party uses the funds in accordance with the regulations, so as to effectively control the risk of trust funds. The first trust product in China to introduce a custodian bank is the Kaichen Plaza Trust Plan, which was launched by China Foreign Trade Trust on May 9. In this product, the custodian bank introduced by Foreign Trade Trust is China Merchants Bank.

But the product doesn't get much attention. In the case of related-party transactions, the introduction of custodian banks is more conducive to the bank to supervise the flow of funds and supervise whether the project party uses the funds in accordance with the regulations, so as to effectively control the risk of trust funds.

Some industry insiders said that because the structure of the trust plan is relatively complex, the use of trust funds is also very extensive, such as loans, equity, real estate, etc., and different trust products also have different regulatory requirements for supervision, so the difficulty of supervision is much higher than that of investment. The custodian bank can only supervise whether the trust company releases the trust funds to the agreed borrower. After the funds are lent to the borrowing enterprise, it is difficult for the custodian bank to supervise how and how the funds are used.

Summary. Pro, trust business is also known as "trust**". A business that buys and sells on behalf of customers and charges a certain fee.

For example, consignment stores, warehouses, and trust service departments attached to commercial enterprises are entrusted with **, consignment sales, transportation or organization of transactions between buyers and sellers. **The fee income of the business is the basic income of the trust business. The handling fee of the business is determined according to the number of facilities provided, the number and amount of goods sold on behalf of the company, and a certain proportion of the complexity of the labor.

For the accounting of fee income, you can set up a "fee income" account, or set up a fee income detail account under the "other income" account, and create a memorandum book to record the fee income of different businesses. For trust enterprises that are mainly engaged in "**" and "consignment sales", the fee income should be included in the "business income" account. Trust enterprises, like other commercial service enterprises, also have to incur some business expenses in their business activities.

The difference between business income and business expenses is the net income and expenditure or profit (loss) of the trust business

Hello dear, glad to answer for you! Due to the chaotic use and management of the trust business, the bank only collects commercial trusts and civil trusts in the trust business.

Pro, trust business is also known as "trust**". A business that buys and sells on behalf of customers and charges a certain fee. For example, consignment stores, warehouses, and trust service departments attached to commercial enterprises are entrusted with **, consignment sales, transportation or organization of transactions between buyers and sellers.

**The return fee income of the business is the basic income of the trust business. The handling fee of the business is determined according to the number of facilities provided, the number and amount of goods sold on behalf of the company, and a certain proportion of the complexity of the labor. For the accounting of fee income, you can set up a "fee income" account, or set up a fee income detail account under the "other income" account, and create a memorandum book to record the fee income of different businesses.

For trust enterprises that mainly focus on "**" and "consignment sales", the fee income should be included in the account of "business companion chain income". Trust enterprises, like other commercial service enterprises, also have to incur some business expenses in business activities. The difference between business income and business expenses is the net income and expenditure or profit (loss) of the trust business

You can contact me to explain the specific situation in detail, and we will provide you with more accurate advice and assistance according to your situation.

Actively managed trust refers to the trust business in which the trust company, as the trustee, plays a leading role in the trust management process, plays a decisive role in due diligence, product design, project decision-making and post-management, and assumes the main management responsibility. Trust projects in which the trust company outsources part of the above-mentioned management work to other institutions, but does not affect the dominant position of the trustee, can also be regarded as actively managed trusts. "The so-called active management trust, not only the first investment, but also the so-called non-standard assets invested in equity, debt type of active management trust, the latter because the investment is for non-standard assets, and the specific investment direction is not disclosed when raising, it is often confused with the "non-standard capital pool" cracked down on by the public who do not know the truth.

Summary. Hello dear! Trust refers to the act of entrusting the settlor's property rights to the trustee based on his trust in the trustee, and the trustee will manage and dispose of it in his own name for the benefit of the beneficiary or for a specific purpose according to the settlor's wishes.

The fiduciary function refers to the professional function of the industry, which is not possessed by other industries. Only by mastering the characteristics of professional functions can trusts be developed and standardized, and new breakthroughs can be made in the scope of business. Trust has a unique function that is different from other financial businesses, and occupies a special position in the financial system, which has played a positive role in promoting social and economic development.

What is a trust - the functional role of a trust.

Hello dear! Trust refers to the act of entrusting the settlor's property rights to the trustee based on his trust in the trustee, and the trustee will manage and dispose of it in his own name for the benefit of the beneficiary or for a specific purpose according to the settlor's wishes. The fiduciary function refers to the professional function of the industry, which is not possessed by other industries.

Only by mastering the characteristics of professional functions can trusts be developed and standardized, and new breakthroughs can be made in the scope of business. Trust has a unique function that is different from other financial businesses, and occupies a special position in the financial system, which has played a positive role in promoting social and economic development. <>

Kissing, property management functions. It refers to the function of the trustee to be entrusted by the settlor to handle various property affairs for the settlor. Strictly speaking, the function of trust is the function of property management, that is, on the basis of trust, it accepts the entrustment of various economic entities in society to carry out various forms of management and disposal of its property.

For example, loan trusts, investment trusts, corporate bond trusts, movable and immovable property trusts, wills, estate trusts, etc. all belong to the scope of professional trust functions. The property management function of the trust is the basic function of the trust, which has the following characteristics: The property management of the trust generally refers to the management, handling and use of all property, not only the property of the enterprise, but also the management and disposal of all kinds of tangible and intangible property of the state, individuals, legal persons, groups, etc.

Summary. Hello <>

We are glad to answer for you what trust products belong to as far as banks are concerned; Bank** trust products refer to trust companies entrusting commercial banks to promote trust plans to qualified investors on their behalf. When the trust company promotes the trust plan, it can sign a trust fund receipt and payment agreement with the commercial bank. The settlor subscribes for the trust unit in cash, which can be received and paid by the commercial bank**.

**What trust products are for banks.

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We are glad to answer for you what trust products belong to as far as banks are concerned; Bank** trust products refer to trust companies entrusting commercial banks to promote trust plans to qualified investors on their behalf. When the trust company promotes the trust plan, it can sign a trust fund receipt and payment agreement with the commercial bank. The settlor subscribes for the trust unit in cash, which can be received and paid by the commercial bank**.

Trust products are financial products that provide investors with low risk and stable income returns. Trust varieties are very diverse in product design, and each will have different characteristics. The risk and return potential of each trust can vary greatly.

Loan trust refers to the trust method that absorbs funds through trust and uses it to issue loans. This type of trust product is the most numerous.

Trust terminology: what is trust act, trust property?

Fiduciary acts. When a trust is concluded, the formality that constitutes a legal act is a trust act. A fiduciary act refers to the signing of a contract or agreement between the settlor and the trustee.

In addition, the settlor's making a will is also a legal act and a trust act. According to the different purposes of the trust, different contracts need to be signed, but belonging to the same category, a large number of businesses, such as trust deposits, do not need to sign contracts one by one, only need to be issued by the trust department to the settlor for unified printing, with text clauses, contracts such as trust deposit certificates, such certificates also have the effect of contracts.

Trust property. Trust property refers to the property that is transferred from the settlor's hands to the trustee through the trust. Trust property includes intangible property such as **, bonds, goods, land, residences and bank deposits, including insurance policies, patents, trademarks, credit and other natural rights and interests (the suicide note made before the death of the person creates natural rights and interests for the beneficiary).

Trust Purposes.

"Actively managed trust refers to the for-profit trust business in which the trust company, as the trustee, plays a leading role in the process of trust management, plays a decisive role in due diligence internal investigation, product design, project capacity decision-making and post-management, and assumes the main management responsibility. Trust projects in which a trust company outsources part of the above-mentioned management work to other institutions, but does not affect the dominant position of the trustee, can also be regarded as actively managed trusts. ”

The so-called active management trust is not only the first investment, but also the so-called non-standard asset actively managed trust invested in equity and creditor's rights, because the latter is invested in non-standard assets and does not disclose the specific investment direction when raising, it is often confused with the "non-standard capital pool" cracked down on by the masses who do not know the truth.

In fact, the Trust Law does not strictly limit the responsibilities and obligations of actively managed trusts.