What is the duration of the financial service? What do you think are the benefits of auto renewal of

The duration of a wealth management product is the time during the duration of the wealth management product.

During the duration of wealth management products, investors often communicate with customers due to changes in the net value of the product, and these non-written communications should also be retained in a legally recognized manner.

If you complain to the Consumer Association, the Consumer Association will generally not accept the purchase of wealth management products because it is a personal investment behavior; When complaints are filed with the China Banking Regulatory Commission (CBRC) and the China Insurance Regulatory Commission, the regulatory authorities of these financial institutions usually order banks and insurance companies to conduct self-inspections, and investors' losses cannot be recovered.

When suing the court, investors will sign a contract when they buy a wealth management product, and it is difficult to prove that they were deceived when signing the contract.

Duration is an indicator calculated by combining various factors that affect the sensitivity of a bond** to interest rate changes. With this concept, there is a simple, directly comparable measure of the sensitivity of various bonds and bond portfolios to interest rate risk.

The duration of a wealth product is the time during the duration of a wealth management product.

Wealth management products are a type of wealth management products designed and issued by commercial banks and formal financial institutions, and the raised funds are invested in the relevant financial market and purchased in accordance with the product contract, and the investment income is obtained, and then distributed to investors according to the contract.

The so-called fixed renewal means that after the maturity of the customer's deposit, if the customer does not go to the bank to go through the rollover procedures, the bank can automatically transfer the principal and interest of the mature deposit to the same deposit period for group regret, without limiting the number of times, and the interest during the renewal period is calculated according to the interest rate of the previous maturity date.

Now the bank's services are very intimate. If you have a certificate of deposit.

After expiration, it can be renewed for any kind of term as previously agreed.

For example, if you have saved a one-year fixed deposit before, you can save it for half a year after maturity, or you can redeposit it into other forms of fixed deposit such as three years or five years.

However, if you don't specify it, it will still be rolled over to a fixed period of one year after expiration.

Further Information: Time Deposits, also known as"Certificates of Deposit"。The bank and the depositor agree on the term and interest rate in advance at the time of deposit, and withdraw the principal and interest after maturity.

Some CDs can be sold in the market before maturity when the depositor needs funds; Some certificates of deposit are non-transferable and require the depositor to pay a fee to the bank if he or she chooses to withdraw funds from the bank before maturity.

Cash and current savings deposits can be directly applied for fixed savings deposits, and the minimum deposit amount for regular account opening is 50 yuan, and there is no limit to more deposits.

The deposit period is 3 months, 6 months, 1 year, 2 years, 3 years, and 5 years. You can withdraw part of the deposit in advance once, and when the deposit expires, you can withdraw the principal and interest with the certificate of deposit, or you can automatically transfer it multiple times according to the original deposit period.

The maturity of the time savings deposit shall be based on the deposit interest rate on the date of opening the certificate of deposit.

Interest is calculated and paid, and interest is calculated according to the current savings deposit interest rate on the date of withdrawal for early withdrawal, and interest is calculated according to the interest rate of the current deposit on the day of withdrawal for overdue withdrawal. You can apply for a small pledge loan with your own fixed deposit certificate.

For unexpired fixed savings deposits, depositors must present the certificate of deposit and the depositor's identity certificate for early withdrawal; If the withdrawal is made on behalf of the depositor, the withdrawer must also hold his identity certificate, and the interest rate shall be calculated and paid according to the current savings deposit interest rate announced on the withdrawal date, and the withdrawer shall also sign the name of the withdrawer on the payment voucher.

For unexpired fixed savings deposits, depositors can withdraw part of them in advance as needed, and the verification procedures remain unchanged, and the interest rate for early withdrawal shall be settled according to the current savings deposit interest rate announced on the withdrawal date, and the retained part shall be settled and paid at the maturity of the original deposit date and the original interest rate.

Partial early withdrawal can only be carried out once per deposit certificate, and if a partial early withdrawal has been handled, the savings institution shall pay the deposit certificate.

and the retained part of the newly opened deposit slip"Partial early withdrawal"Words. After March 1, 2011, lump sum deposits and withdrawals with CCB, regardless of whether they were previously deposited or subsequently deposited, can be withdrawn in part an unlimited number of times, and there is no longer a limit to one withdrawal.

What does it mean to survive?

Generally speaking, when the bank fixed deposit matures, the total amount of principal and interest continues to be deposited and compounded, and the principal and interest are recorded together, that is, the interest rollover.

The survival of the company can also be called the survival of the company, which means that the enterprise exists in accordance with the law and continues to operate normally. It is also known as the opening of the business, the normal, and the record of the registration of the judgment.

Because of the differences in different provinces, generally in operation, normal, business, in operation, effective, and in business are also the meaning of the number of ants in the industry.

The current business status of Chinese companies is generally divided into eight types: existing, in business, revoked, deregistered, moving in, moving out, suspending business, and liquidating.

Eight situations of the company's operating status:

The existence of the business status refers to the existence of the enterprise in accordance with the law and the continuation of normal operations. It is also called opening, normal, and registration.

The business status in the first business refers to: the enterprise starts production normally, and the new enterprise includes partial production or trial operation.

Because there may be subtle differences in different provinces, generally in operation, normal, operation, in operation, effective, and in business also mean in business.

No, only the business that has been renewed in advance will be automatically renewed.

Taking Bank of China as an example, whether the fixed deposit will be automatically rolled over after maturity mainly depends on the agreement between the user and the bank when handling the bank fixed deposit. If there is an agreement on automatic rollover when applying for a time deposit, the time deposit will be automatically transferred to the next time deposit after maturity, and the deposit interest rate is generally calculated according to the current time deposit rate. If there is no automatic rollover agreement for a fixed deposit, it will be converted into a demand deposit after maturity, and the user can withdraw it at any time. In the case of CCB, the fixed deposit will be automatically renewed after maturity.

Extended information: 1. Regular automatic rollover means that after the maturity of the customer's deposit, if the customer does not go to the bank to go through the rollover procedures, the bank can automatically transfer the principal and interest of the mature deposit according to the same deposit period, without limiting the number of times, and the interest during the renewal period is calculated according to the interest rate of the previous maturity date. If the customer requests to withdraw the deposit after the renewal period, the interest of the deposit will be calculated according to the current interest rate on the date of withdrawal during the renewal period.

For example, if a customer deposits a one-year time deposit of A, and the customer does not request to withdraw or divert the deposit for other purposes after the maturity of the deposit, the bank will automatically deposit A-dollar and the interest accrued by A-dollar in the current year into a one-year time deposit. If the customer requests to withdraw the principal and interest at the time of one year and five months, the interest rate for five months during the renewal period will be calculated according to the interest rate on the date of withdrawal.

2. When opening a certificate of deposit, choose whether the time deposit will be "automatically rolled" or "not rolled" after maturity. Customers who require this need to indicate in the "Auto Rollover" field. The default rules of "automatic rollover of fixed deposits" are not exactly the same for each bank, ICBC requires depositors to choose by themselves, and Everbright Bank requires depositors to request automatic rollover by default.

If you don't want to roll, you can explain it to the staff.

3. Provisions on Automatic Rollover and Agreed Rollover of Savings Deposits of China Construction Bank

Chapter 2, Article 2 Automatic rollover refers to a service mode in which the Bank automatically converts the original deposit principal together with the after-tax interest to the same type and grade of time savings deposit at the interest rate on the maturity date of the customer's fixed savings deposit.

Legal Analysis: Duration is an indicator of the sensitivity of a bond** to changes in interest rates, and it can also be regarded as a key indicator of the time it takes for investors to recover the funds invested in their bonds. The longer the duration, the more sensitive the bond** is to changes in interest rates.

Duration is different from the maturity of a bond, and to a certain extent, it also reflects the sensitivity of the bond to interest rate risk, all other things being equal, the longer the maturity, the more sensitive it is to changes in interest rates. However, since the sensitivity of bonds** to interest rate risk is affected by the coupon rate, the frequency of interest payments and the maturity of various factors, the maturity alone is not a good indicator of the sensitivity of bonds to interest rate risk.

Legal basis: Article 393 of the Civil Code of the People's Republic of China In any of the following circumstances, the security interest shall be extinguished:

1) the extinguishment of the principal creditor's right;

2) the realization of a security interest;

3) the creditor waives the security interest;

4) Other circumstances in which the law provides for the extinction of the security interest.

No, regular automatic rollover, in most cases, is recalculated according to the interest on the maturity date. Let's say you save for a fixed year with an interest rate. Over the course of the year, the regular interest dropped to:

On the day after that maturity, it is impossible to automatically roll over another year's interest, and the highest is only.

In some commercial banks, the interest rate of automatic rollover is the same as that of over-the-counter transfer. However, there are also some commercial banks that have a much lower interest rate on regular automatic rollovers than over the counter. For example, the state-owned bank Postal Savings.

If you go to the counter to roll over a fixed period of one year, then the interest is. This interest rate is 40% higher than the benchmark rate.

But if you expire on a regular basis, leave it alone and automatically roll over another year. The interest on the automatic rollover is only 20 up, that is, only. It's also a regular year, just because you're automated, the interest is less.

It is equivalent to 10,000 yuan, which is 30 yuan less interest a year. If your amount is relatively large, you may lose thousands of dollars in interest over the course of a year.

The regular expires, go to the counter to reload, there are two very good places.

1. The interest rate is the highest

Regardless of the bank's regular settlement system, if you go to the counter to transfer the deposit, it will definitely be calculated according to the highest interest rate. Avoid a situation where the automatic transfer interest rate is low. And some times, you don't necessarily agree to autodump for yourself.

If you remember incorrectly, it is not an automatic rollover, but you record it as an automatic rollover, then the interest behind it is calculated according to the current account, which is equivalent to working for the bank in vain.

2. Additional gifts

For example, the bank where I work, I give gifts for a year. 10,000 yuan for a pot of one liter of oil; 20,000 yuan to get a bag of rice; 30,000 yuan to get a piece of paper. The more you save, the more you give.

If the amount is hundreds of thousands, then the rice, flour and oil sent by the bank are enough for you to eat for several months. If you are transferring automatically and do not go to the counter, it is impossible for the bank to deliver the gift to your home. You're losing a lot of benefits for nothing.

You can set the deposit period to "agree to automatically rollover". In case of any emergency, for example, if you go abroad and can't come back for the time being, you won't be able to go to the bank. The automatic rollover is agreed to avoid that after the maturity of the deposit, it is calculated according to the current account.

However, whenever you can find time, you have to go to the bank again. Automatic rollover can be avoided, and the interest does not have the pit of over-the-counter transfer. And you can also get extra, a lot of affordable gifts from the bank.

Wealth management. The advantage of auto-renewal is that after the expiration of wealth management, investors do not need to do anything to buy wealth management again, saving investors' time, and the other is that if investors do not buy new wealth management in time after the expiration of wealth management. During this time, there is only a current gain, which is also a loss for investors.

<> wealth management may not be able to buy wealth management immediately after it expires, and investors have to spend time to choose again, investors have to spend a certain amount of time cost, and automatic renewal is not necessary. The advantage of automatic renewal of wealth management is that after the expiration of wealth management, investors can buy wealth management again without doing anything, saving investors' time. The other is if the investor does not buy a new wealth management in time after the maturity of the wealth management.

During this time, there is only a current gain, which is also a loss for investors.

Today, many investors received a lot of money from Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and Minsheng Bank.

If the issuance certificate of savings deposit with the certificate of issuance or the archiving and small-amount lump sum deposit with maturity date is set up and matured, and the maturity period is from January 31, 2020 (inclusive) to March 31, 2020 (inclusive), Bank of China will pay the deposit interest rate of both parties.

calculation, the deposit will be automatically extended until March 31, 2020. ABC's automatic rollover products include lump sum deposit and lump sum time deposit, fixed passbook, etc"Agbank"Issued deposit passbooks and paper personal certificates of deposit.

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The benefits are very multi-spine, you can get economic benefits, and then you can also regularly replenish the corresponding wisdom infiltration of financial products, you can get certain economic benefits, but there are likely to be risks, so it is not easy to miss some of the best investment tours.