How to match the P2P depository model, and is P2P bank depository necessary?

Mode 1: The most basic fund deposit model.

The third-party payment institution opens a large payment account for the online loan platform, and the lender's money directly enters the large payment account, and the transaction information is recorded by the platform itself.

Mode 2: Fund depository mode through a third-party payment institution.

The third-party payment institution shall open an independent payment account for the user of the online loan platform, and the user shall issue transaction instructions to the online loan platform, and the online loan platform shall transmit the transaction instructions to the third-party payment institution, and the third-party payment institution shall realize the transfer of user funds.

Model 3: The joint fund depository model between the third-party payment institution and the bank.

After the third-party payment institution opens a large payment account for the online loan platform, it records the transaction information. The third-party payment institution then deposited this large account in the bank, forming a joint depository model of the online loan platform, the third-party payment institution and the bank.

Model 4: Bank-led fund depository model.

The online lending platform will set up an exclusive depository account at the bank, and then open a one-to-one sub-account for each of them after passing the ID card verification and bank card verification. In this process, users will be redirected to the bank interface to confirm the transaction password when they recharge, lend, withdraw and other operations, and the transaction of funds in each account will be booked by the bank and the flow of funds will be monitored.

1. Direct connection to the bank.

This model is that the P2P online loan platform directly opens a payment and settlement channel with the bank, and in the transaction process, there is no need to recharge in advance, and the transaction funds are directly settled in advance, and after the investor bids back, the funds are directly returned to the investor's original payment bank card, without manual withdrawal. In this model, the platform has a "special depository account" in the bank, which cannot be operated directly by the account platform, and the capital transaction is subject to bank supervision, but the "special account" system of different platforms will be slightly different.

2. Direct depository with the bank.

Under this model, there are two sets of account systems, one is the depository account (large account) opened by the platform in the bank, and the other is the investor's personal account (sub-account) in the depository bank. If the platform has a risk reserve or a guarantee company, it will generally open a risk reserve account and a guarantee account to achieve the isolation of platform funds and investors' funds. In this way, since the user's funds do not operate in the platform system from the beginning, the platform is effectively prevented from misappropriating funds at will.

3. Joint depository of third-party payment companies.

This model refers to the third-party payment company packaging some Internet financial platforms together and negotiating depository conditions with the bank. The funds of the Internet financial platform are deposited with a third-party payment company, and the platform does not touch the funds. The third-party payment company packages countless such Internet financial companies together, sets up a reserve account in the bank, and stores the funds of the packaged Internet financial platform in the account to form a depository with the bank.

From the perspective of the depository model, although they have cooperation with banks, in essence, the depository account of the platform is still in a third-party payment company. In fact, their cooperation with the bank only allows the platform to add a corporate account to the bank.

Fourth, the bank directly manages the third-party payment channel.

This model is fundamentally different from the third model. The funds of the third model are still deposited in the third-party payment company, and the accounts in this model are opened in the bank, and each investor has a one-to-one real-name account in the bank, and the third-party payment only acts as a fund payment channel. The management of the user's account funds on the platform is realized by the bank, and the bank is responsible for the separate account management of the user's funds and the platform's funds.

During the whole process, the online lending platform participated in the transaction as a pure information intermediary and did not touch the funds.

Under this depository model, users and Internet financial platforms are required to open depository accounts with the depository bank, complete functions such as recharge, investment, and withdrawal through the system's instructions, and the third-party payment platform acts as an important supplementary channel for fund payment, assisting the bank to more efficiently complete the transfer of all borrowed funds between the lender and the borrower's depository account. The most important thing is that the bank, as the depository, has clear restrictions on the operation of the platform to avoid the platform not operating the depository account on its own in accordance with the depository requirements. This model not only enables banks to ensure the security of investors' accounts and supervise the flow of funds to the corresponding borrowers, but also combines the advantages of third-party payment institutions in terms of user experience and system development to maximize the provision of safe and convenient services to investors.

Not necessarily. Many investors believe that P2P credit standards rely purely on personal credit, with neither collateral nor guarantee, and the current domestic credit system is not perfect, which is prone to problems and extremely risky; The P2P mortgage is marked with collateral, in case the borrower can't repay the debt, the collateral can be realized to pay off the debt, which is relatively safe, of course, these have a certain reason, however, many investors will ignore one thing: in fact, the P2P mortgage target is also risky, and having collateral does not necessarily mean that it is safer.

1. Vehicle mortgage.

Generally speaking, as long as the borrower defaults, the investor has the right to dispose of the mortgaged vehicle, but most of the current P2P online loan platforms are either not charged with the car or not with the car, if the borrower really intends to escape the debt, then this practice of the online loan platform will give the borrower a chance.

In addition, the current situation of second mortgage of vehicles also occurs from time to time, if the second mortgage is encountered, then the investor will suffer a loss when repaying it, and the possible repayment can not cover the money invested.

2. Housing mortgage.

Some people may think that the house mortgage is the safest mortgage project, but in fact, it is not the case, and the vehicle mortgage, the house mortgage is also facing the risk of repeated mortgage, if there is a default, then the first mortgage is still repaid first, and the remaining residual value may not be able to cover the amount lent out like the vehicle mortgage.

The P2P platform is actually a trust between the two parties, the purpose of your mortgage is to let you repay, generally you repay the money in time, your mortgage will be returned to you intact, as for some to say that it is a mortgage and then do the mortgage, I think it is unreliable, because I am rich, like the P2P platform is better to do easy loans, he can invest, I invested tens of thousands of dollars, if my answer is useful to you, thank you!

P2P bank depository is: the bank manages the funds, and the platform manages the transactions, so that the funds and transactions are separated, so that the platform cannot directly contact the funds and avoid the direct misappropriation of customer funds.

Avoid the platform directly contacting the customer's funds, and the situation of running away with the money will occur.

Watch Dog Fortune has you covered.

There are several types of combination models of trust and P2P:

The P2P platform guarantee financing model, in which the P2P platform and the trust company cooperate to issue small loans, and the transaction structure is very exquisitely designed, and the actual controller of the P2P platform is required to provide full guarantee and fulfill the obligation to make up the difference. The transaction structure essentially uses the P2P platform's own credit to finance the issuance of small loans, in which the interest rate spread is appropriated by the P2P platform. The risk of this type of trust product depends on the credit and risk control capabilities of the P2P platform.

In the consignment sales trust product model, both parties take what they need, and individual P2P platforms with strong strength have high traffic popularity and strong ability to sell financial products; Some trust products that are struggling to raise funds seek the cooperation of these powerful P2P platforms to solve sales problems.

The trust beneficiary right pledge model revitalizes part of the funds by pledging the beneficiary rights of unexpired trust products. Qualified investors of trust products, i.e., high-quality borrowers of the platform party, pledge the beneficiary rights of the trust products they purchased to creditors as repayment guarantee due to short-term capital turnover needs, and borrow money for their personal capital turnover and the enterprises they invest in, and promise to repay debts with their personal funds when the trust interests are insufficient.

From a practical point of view, the basic conditions of the loan are:

First, residents of Chinese mainland, under the age of 60;

Second, there is stability.

address and place of work or business; Right.

Third, there is a stable income**;

Fourth, there is no bad credit record, and the purpose of the loan cannot be used as a **, gambling and other behaviors;

Fifth, they have full capacity for civil conduct.

If, in accordance with the relevant provisions of the Criminal Law, we borrow as a reference, and a single transaction does not exceed 50,000, then the total amount of loans borrowed by each borrower in a certain period of time is fixed and does not exceed 10 million. That is: in the history of P2P in China, there will be no more big bids of 100 million yuan.

From this point of view, the regulator indirectly controls liquidity risk and prevents credit risk spillover, which is beneficial to China's financial security and the protection of the rights and interests of financial consumers.

If there is a large bid, investors may cause large losses after purchase.

It is necessary to almost a hard need for online loan investment nowadays, and there is no bank depository platform, the safety factor is too low, so it is not recommended to choose.

Yes. Under the regulatory compliance requirements, bank self-depository has become the standard on the road to compliance of online lending platforms. According to incomplete statistics, as of July 12, 2018, a total of 967 P2P platforms have been launched for bank depository.

In just one year in 2017, a total of 585 P2P platforms were launched as bank depositories, and since 2018, 193 banks have launched bank depository. More than half of the year, the P2P platform that successfully launched the depository accounted for only 30% of last year.

Definitely must, without a bank depository, do you dare to vote? I don't dare.

Not necessarily. Bank depository is only a requirement for compliance, ensuring that funds are earmarked.

What is a bank depository?

In February 2017, the Guidelines for the Depository of Online Lending Funds were promulgated as follows: "Bank depository refers to the business in which a commercial bank, as a depository, accepts the entrustment of the client and performs the duties of opening and closing a special account for the depository of online lending funds, keeping funds, clearing funds, checking accounts, and providing information reports in accordance with laws, regulations and contracts".

Specifically, bank depository regulates the platform's behavior from the following two aspects:

The first aspect: in terms of funds, bank depository helps to standardize the management of platform funds.

Investors and borrowers registered under the real-name system of the P2P platform open a special account with the depository bank for investment or borrowing on the platform only. The funds enter the personal investment account and are frozen, which realizes the separate account management of the platform funds and investors' funds and ensures the safety of fund settlement. When the investor selects the proposed investment project, the funds enter the borrower's account, which avoids the misappropriation of investors' funds by the platform.

At the same time, the bank liquidates and pays the funds in accordance with the business authorization of the platform or the borrower.

Second, in terms of information, bank depository makes the credit data of P2P platforms more open and transparent.

The Guidelines for the Depository of Online Lending Funds stipulate that banks shall properly keep the transaction data, account information, fund flows, depository reports and other relevant data information and business files related to the depository business of online lending funds, including paper or electronic media, and the relevant materials shall be kept for more than 5 years after the expiration of the loan contract. At the same time, the customer fund depository account is audited and the audit results are disclosed, and the online loan fund depository report is provided on a regular basis.

At the same time, there is also a kind of "joint depository", which means that the bank and the third-party company jointly carry out the depository, the bank is responsible for the depository of funds, and the third-party payment company is responsible for fund settlement and technical support. The actual depository account of the funds under this joint depository model is weakened in the third-party payment company, and the bank's fund management function is weakened, which is only equivalent to opening a corporate account in the bank.

However, the Business Guidelines stipulate that "depository banks shall not outsource or be undertaken by cooperative institutions, and shall not entrust online lending institutions and third-party institutions to open transaction settlement fund accounts for lenders and borrowers on their behalf", which means that this joint depository model is no longer allowed by the regulator.