What is the role of postal savings What is the business of the Postal Savings Bank of China?

He is a savings institution under the Bank of China and saves for the Bank of China. There is no loan business.

The establishment of the Postal Savings Bank of China is a major event in the history of the development of China Post. The Postal Savings Bank will carry the hopes of hundreds of thousands of postal workers and start a new journey; This is also a new achievement in the reform of China's financial system, which will further promote the development of China's banking industry and the improvement of the banking system, accelerate the construction of China's new socialist countryside, and write a new and splendid chapter for China's national economic and social development.

The Postal Savings Bank was established by China Post Group Corporation, and the postal network is the basis for the survival and development of the Postal Savings Bank. Postal enterprises and postal savings banks will share the opportunities and achievements brought about by the reform, will realize the sharing of network resources, cross-selling of products and common development of business, will realize the sustained, stable and coordinated development of postal enterprises and savings banks, and accelerate the promotion of postal savings to achieve a new leap.

The establishment of the Postal Savings Bank of China is an objective requirement for deepening the reform of China's financial system, and is also an important part of the reform of the postal system, which is of positive and great significance for promoting the development of China's postal industry and better providing financial services for the society.

With the deepening of China's financial system reform, the current management system of postal savings can no longer meet the requirements of the legalization and standardization of banking supervision, and the establishment of the Postal Savings Bank of China is to straighten out the postal savings management system, effectively prevent and resolve financial risks, and promote the sustained and healthy development of postal savings.

The Postal Savings Bank of China will further expand its business scope and provide urban and rural residents with more financial services such as microfinance, consumer credit, credit cards, investment and wealth management, and enterprise settlement.

The establishment of the Postal Savings Bank of China is another important achievement in the reform of China's banking industry, marking that China's postal finance has entered a new stage of development.

Company business: 1. Deposits. Corporate customers provide corporate deposits such as unit demand deposits, unit time deposits, unit agreement deposits, and corporate notice deposits, and customer deposit funds are safe and worry-free.

2. Credit card. Credit card application, basic conditions for applicants Main card applicant: 18 years old or older, 60 years old Chinese mainland residents.

Applicants with a card: 16 years of age or older. Residents of Chinese mainland under the age of 60.

3. Personal business. Provide individual customers with demand deposits, all-in-one deposits, personal certificates of deposit, personal notice deposits, time deposits, and fixed deposit deposits, and customer deposit funds are safe and worry-free.

4. Escrow obligations. As an emerging custodian bank, Postal Savings Bank of China will continue to devote itself to the innovation and development of custody business, and provide investors and partners with safe, reliable, high-quality and meticulous asset custody services, starting from the custody of open-ended**, one-to-many special account wealth management products and other products.

<>1. Postal savings business;

2. Postal exchange business, China opened the postal exchange business in January 1898, and the domestic postal exchange business varieties mainly include ordinary remittance, telegraph remittance, account remittance, etiquette remittance, etc.;

3. Business, at present, the main business varieties are insurance, treasury bonds, collection and payment, such as salary payment, pension payment, collection of fees, etc.;

4. For corporate business, the existing business mainly includes basic business such as corporate deposits, bills, payment and settlement business, online banking, corporate loans and other businesses.

The main function of the postal savings card is to deposit, withdraw money and spend money at online ATMs and postal savings offices, as well as on online POS.

The postal savings card can be used in online savings outlets or ATMs for access business, shopping and consumption at special merchants, and can also help you pay pensions, collect and pay telecommunications fees, public utilities fees, cable TV fees, subscribe to newspapers and periodicals, pay room fees, taxes, etc.

The State Post Bureau of the People's Republic of China was reorganized in 2008 to establish a vice-ministerial-level unit, which is a state administrative organ, and is completely different from the post office in the traditional sense (now China Post Group Corporation). The Postal Savings Bank is a state-owned commercial bank established on the basis of reforming the postal savings management system.

China's postal savings can be traced back to the postal savings business established in 1919 and has a history of 100 years. In March 2007, on the basis of reforming the original postal savings management system, the Postal Savings Bank of China was officially established. In January 2012, the overall restructuring was made into shares.

In September 2016, it was listed on the Hong Kong Stock Exchange.

The interest on fixed deposits is the highest in Japan Post Bank.

The interest rate of postal banks from three months to five years is significantly higher than that of the five major banks, especially the three-year term interest rate; The second is that the interest rate of CCB is relatively high.

If you really want to earn more interest on the same amount of money, you can choose a commercial bank other than these ones. For example, China Everbright Bank, China Merchants Bank, etc. These commercial bank customers are not as able to attract savings as the big domestic banks, so the interest rate on bank deposits will be higher.

There are also a number of local banks. These banks are named after the cities where they are located, such as Bank of Beijing, Bank of Chongqing, etc. Because banks with large deposits are certainly people's first choice, these local banks have no source of savings, so they will give higher interest rates to attract customers to save business.

Precautions: 1. All formal savings institutions have the "Financial Business License" issued by the local People's Bank of China. In addition, depositors should try to choose a bank with an electronic monitoring system, which can be detected from the video footage of the banking department in case someone else makes a fraudulent withdrawal.

2. Depositors should use their real names when saving. In the unlikely event of loss of the certificate of deposit or passbook, the depositor must present an identity document that matches the name on the certificate or passbook in order to apply to the bank to report the loss. If a pseudonym is used, the original creditor-debtor relationship between the depositor and the bank is no longer protected by law.

This relationship can only be re-established after further verification by the bank and the public security department.