What should banks pay attention to when buying wealth management products to prevent fraud?

Determine the investment target of the product you buy and judge the risk. Pay attention to the product term, early redemption terms, value date and arrival date, whether it is insurance or trust, etc.

It is still very reliable to buy wealth management products in the bank, but you must pay attention to the risks when buying, many wealth management products in the bank have very high returns, but the risks are relatively large; Many do not promise the safety of the principal, so you must pay attention when buying wealth management products.

The starting point of bank wealth management products is relatively high, generally starting at 50,000 yuanAt the time of **, you need to sign a purchase contract with the bank, which stipulates the obligations and rights of both parties, and here we focus on the handling fee of the sale, as well as whether it can be redeemed in advance, what kind of restrictions are there.

When buying a wealth management product, it is necessary to understand its investment directionFor example, currency, its main investment direction is bank deposits, bonds, treasury bonds, etc., these products have higher returns, lower risks, many people like to buy in ordinary times, and the income is issued on the same day.

The money for buying wealth management products is generally the idle funds at homeIn this way, we can ensure that the money will not be withdrawn due to emergencies when managing money, and many financial products are not allowed to be withdrawn, which everyone should pay attention to. When signing the contract, you should read the terms carefully, and ask if you do not understand.

The bank's wealth management products are formal and secure, but the bank is not responsible for the profit structure of the wealth management products, that is, the profit and loss are at their own risk.

Reliable. The bank's wealth management products are relatively reliable. The wealth management products sold by formal commercial banks are all compliant products and can be rigidly redeemed.

However, there are also non-principal-guaranteed floating income products in the wealth management products sold by banks, which are non-principal-protected and risky, and if you can't accept this risk, you can avoid buying non-principal-guaranteed products. It is safer to buy principal-guaranteed wealth management products sold by banks, you can get a certain income, and the principal will not be damaged.

As one of the three pillars of China's finance, the bank has a large platform and is relatively formal, and investors go to the bank to buy wealth management products, which are relatively reliable, but this does not mean that investors will not lose money on the wealth management products bought in the bank.

According to the regulations, banks can only issue wealth management products that have been registered in the wealth management system and obtained a registration code, and investors can check the product information on the China wealth management website based on the registration code and check whether the purchased products are formal wealth management products issued by the bank. If you can't find it, then there must be something wrong with this wealth management product, and you can report it to the regulatory authorities. Third, when signing a wealth management contract, the audio and video recordings should be recorded to avoid disputes.

Extended Materials. What are the types of wealth management products of banks?

One is the wealth management products launched by the banks themselves, and the bank wealth management products are mainly currency**. The other refers to the bank staff taking advantage of their positions to recommend and sell wealth management products other than the bank to investors, including insurance, private wealth management, P2P products, and "false wealth management" products. In other words, investors are actually buying wealth management products that are not managed by banks, and from the perspective of security, the principal-guaranteed wealth management products in the bank's own products are relatively safe, and the principal can be guaranteed 100%.

However, the regulatory authorities stipulate that wealth management products cannot promise to guarantee principal and interest except for deposits, because investment is risky, and banks have the responsibility to disclose the existence of any risks to investors.

There are many types of bank wealth management products, generally speaking, low-risk products are relatively safe, and high-risk investment products ordinary investors need to choose carefully.

1. Low-risk category.

Principal-protected financial management. At present, the rigid payment has been broken, and there are fewer and fewer capital-guaranteed wealth management products, and the yield is slowly declining, which is currently around.

Currency**. Major banks have their own currency products, such as China Construction Bank, Industrial Bank, etc., basically banks will have their own currency products.

2. Medium risk.

Ordinary wealth management products. This is the most popular wealth management product that everyone buys in the bank, without guaranteeing principal and interest, with a term ranging from one month to several years, they are actually the bank's asset management plan, and the funds raised are generally a relatively stable investment, and the possibility of default of this type of product is not very high. According to the data disclosed by a data research institution, the average rate of return of this type of wealth management product is currently around.

3. High-risk categories.

The income marked with this kind of wealth management product is often relatively high, and some can reach more than 10%, of course, it also corresponds to high risk. The funds raised are generally used to invest in high-risk targets such as equities, commodities, and indices. The banks represented include Minsheng Bank, Bank of Communications and Bank of China, etc., and ordinary investors need to choose carefully.

Bank wealth management products have gradually become the most extensive financial tool for the people to prevent inflation, but this "treasure" in the hearts of the people is also the most criticized. According to a report released by the bankrate.com, nearly one-third of investors have been misled in the sales of bank wealth management products, and some banks even have forced tie-ins.

Long-term financial products are scarce Insurance, ** act as a stand-in.

In the phenomenon of bank misleading, insurance is regarded as a bank wealth management product sales ranked first, accounting for the second most, accounting for the largest brokerage collective wealth management and collective trust products are sold as bank wealth management products tied for third, accounting for the highest share of buying wealth management and forcing insurance deposits.

In addition, the survey data also shows that of respondents have encountered forced tying in the purchase of wealth management products. In the phenomenon of forced tie-in, the first problem is the purchase of wealth management products and the tie-in of deposits, followed by the tying of insurance.

High interest rates have become the unspoken rule of banks. Bankrate.com believes that the assessment index of the loan-to-deposit ratio is an important reason why investors are required to deposit when purchasing wealth management products. With insurance, it can not only bring a lot of profit sharing to banks and business personnel.

According to statistics, 55% of customers in the sale of bancassurance are unintentional purchases.

Loan handling fee is charged in violation of regulations.

According to the survey, 20% of customers have been required to "make a deposit before applying for a loan". Some banks require customers to purchase bank wealth management products or make large deposits before lending, and if the contribution is insufficient, they may face the dilemma of waiting indefinitely.

users have paid the "Loan Processing Fee". According to the relevant regulations, the business expenses incurred by the bank in the process of engaging in loan business shall be paid by the bank, and the bank has been compensated for this cost from the loan interest income.

Frequently promote products with high expected annualized returns.

At the end of each year, it is the time when the wealth management issued by the bank is hot. In order to attract the scale of savings, selling wealth management products has become a mandatory action for banks at this time. "Wealth management products are an important tool for banks to strengthen their intermediary business, absorb and retain deposits, and will be the foundation of their survival in the future.

Zhong Jiayong, an analyst at UnionPay Credit, pointed out. In order to be favored by customers in a large number of wealth management products, banks have resorted to mixed solutions, and increasing the historical expected annualized rate of return has the most direct effect. Entering December, the expected annualized rate of return of wealth management products has been on the rise, and the historical expected annualized rate of return of some products has reached 5%.

Trap 1: Wealth management products of insurance companies.

Trap two, **type of financial management, ** is similar to **type, there are also ups and downs, but ** is put in the hands of others to help you manage your money.

Trap three, the wealth management products in the bank, although he said that the bank's products, but this is also not profitable in the short term. It is generally linked to insurance.

Extended information: Certificates of deposit (CD) refers to a kind of large-amount deposit certificate issued by banking depository financial institutions to individuals, non-financial enterprises, government agencies, etc. Different from general certificates of deposit, large-denomination certificates of deposit can be transferred before maturity, with a term of not less than 7 days, a high investment threshold, and the amount is an integer.

China's large-denomination certificates of deposit were officially launched on June 15, 2015 and are denominated in RMB. As general deposits, large-denomination certificates of deposit have higher interest rates than time deposits of the same maturity, most of which are 40% higher than the benchmark interest rate, and a small number of banks are 45% higher, while time deposits generally rise up to about 30%.

Judging from international experience, in the process of marketizing deposit interest rates, many countries have used the issuance of large-denomination certificates of deposit as an important means to promote reform.

Judging from the situation in China, in recent years, with the acceleration of the market-oriented reform of interest rates, the interest rate control except for deposits has been fully liberalized, the upper limit of the floating range of deposit interest rates has been expanded to times the benchmark interest rate, the independent pricing ability of financial institutions has been significantly improved, and the deposit fixed situation of hierarchical orderly and differentiated competition has been basically formed. At present, the conditions and time are ripe for the introduction of large-denomination certificates of deposit.

The introduction of large-denomination certificates of deposit is conducive to orderly expanding the scope of market-based pricing of debt products and improving the market-oriented interest rate formation mechanism. It is also conducive to further exercising the independent pricing ability of financial institutions, cultivating the market-oriented pricing concept of retail market participants such as enterprises and individuals, and making useful explorations and accumulating valuable experience for continuing to promote the marketization of deposit interest rates.

At the same time, it is also of positive significance to promote the reduction of social financing costs by gradually replacing high-interest rate debt products such as **cai through standardized and market-oriented large-amount certificates of deposit. In view of this, the People's Bank of China decided to launch the large-value certificate of deposit product on June 15, 2015, and formulated the Interim Measures for the Administration of Large-value Certificate of Deposit.

Taking China Construction Bank as an example, the interest rate of large-denomination certificates of deposit is 40% higher than the benchmark interest rate, and the product tenor is 3 months, 6 months, 9 months, 1 year, 18 months, 2 years, and 3 years, and the interest rates are respectively.

From the perspective of the starting amount, the starting amount of large-amount certificates of deposit for individuals is 200,000 yuan, which is increased by 10,000 yuan, and the interest is calculated from the date of purchase; The starting amount of large-value certificates of deposit for enterprises is 10 million yuan, which is increased by 1 million yuan.

The bank's wealth management products are very clear, there are basically no traps now, and the agreements of the wealth management products are clear.

Wealth management is not savings, there is no guarantee of returns, sign the risk notice before purchasing, read the product manual carefully, it is recommended to buy 4 major bank products.

What are the pitfalls of bank wealth management products? There are risks associated with any investment, and bank asset management products are no exception. The following 8 items must be known to purchase asset management. Let's take a look.

First, bank asset management is a deficit.

In recent years, the market for asset management products has been very popular, both because of the yield that is much higher than that of fixed deposits, and because of investors' trust in banks. Investors must understand that the stable benefits of asset management products are just legends, and when some financial management products mature, they may not be able to get the expected income, and some may not even guarantee the principal. When choosing a bank wealth management product, don't just focus on the yield.

In fact, since many products are boring, investors don't end up earning as much as advertised.

Part 2: There are mysteries during the recruitment period.

Generally, banks claim that bank asset management products do not enjoy income during the fundraising period and liquidation period, and are calculated based on the interest on demand deposits. Investors bought early, and the recruitment period and liquidation period of the product were long, which really caused the yield of Luji to decline. In addition, there are restrictions on the bank's asset management products, and many users buy them on the first day of the product in order to capture the limit.

During the fundraising period, the interest is generally calculated during the living period, or if the interest is not calculated, the user's income will be thinned, so users should not be confused by the nominal high rate of return when choosing asset management products.

Part 3: Product reviews are not necessarily reliable.

In the product manual, we can often see the relevant risk assessment. For example, if a bank's product is shown as PR2 - Stable in the manual, in fact, the bank evaluates itself, not a third-party institution, which is of little significance.

Not only is the risk assessment of asset management products unreliable, but the CBRC has clearly required banks to conduct risk assessment of investors, and many banks have also gone through it.

Part 4: Risk warnings should be clear.

In accordance with the requirements of the relevant departments, banks should display risk warnings in the manuals and contracts of bank asset management products, and investors should also read these risk reminders.

Fifth: Pay attention to the whereabouts of funds.

The capital investment of asset management products is directly related to the risk of the product. Investors must pay attention to the capital investment when reading the product brochure.

If the funds are repurchased, deposits, treasury bonds, financial debts, bank bills, etc., this asset management product has low risk capital investment, etc., and this asset management product has a high risk.

No. 6: Do not touch products with overlord clauses.

In the bank asset management product manual, some design terms are obviously biased towards the bank to squeeze investors' income, investors should pay attention to such asset management products, and try not to touch them.