What is MYbank used for? What is MYbank?

MYbank refers to a private commercial bank that regards Internet services as an important core for its development. MYbank, an institution of Ant Group, has a systematic cloud computing architecture and is one of the first commercial banks approved by the China Banking and Insurance Regulatory Commission (CBIRC). In June 2015, MYbank officially opened its doors for business, mainly for small and micro enterprises, some individual entrepreneurs, to provide them with fast and effective financial services.

1. Bank loans: Although MYbank is a private bank, it is also mainly engaged in loan business, but the objects of the bank's loans are more biased towards personal loans, and the number of loans for small and micro enterprises is also limited;

2. Bank deposits: MYbank mainly allows users to deposit money online, and it does not have offline physical banks. Therefore, if you want to deposit money into MYbank, you can only transfer money from other banks to the bank. Because MYbank deposits have higher interest rates than ordinary banks;

3. Bank withdrawal: Because MYbank's withdrawal does not charge the user's handling fee, the user can withdraw after binding the bank card.

MYbank's corporate sedan car account has no branches.

2: Break through the traditional business operation mode of the bank, abandon the traditional service process started by the bank with the front desk of the store, and launch the bank's business directly on the Internet.

3: Individual users can not only check the balance and transaction status of their passbook accounts and credit card accounts through online banking, but also automatically and regularly pay the fees for various social service projects through the Internet for online shopping.

4: The jujube exterminator of the enterprise group can not only inquire about the balance, remittance and transaction information of the company's and the group's subsidiaries, but also conduct electronic transactions online.

5: Internet banking also provides online check loss reporting and inquiry services to maintain financial order and minimize the economic losses of the state and enterprises in the town.

6: Online banking services use a variety of advanced technologies to ensure the security of transactions, not only the interests of users, merchants and banks can be protected, but also with the networking of banking business, it will be more difficult for commercial crimes to find opportunities.

Answer: MYbank is the first commercial bank in China with a core system based on cloud computing architecture, initiated and established by Ant Financial as a major shareholder. It was officially opened on June 25, 2015 as one of the first five private banks in China approved by the China Banking Regulatory Commission.

On January 7, 2020, MYbank was listed in the 2020 Hurun New Finance Top 50.

Do you have any other questions? I can continue to answer for you Ask why my mobile phone Alipay suddenly came out of the online merchant bank card to answer In addition, after the opening of MYbank, users can handle relevant business through MYbank, so that users can also choose to keep their online merchant bank account.

On September 29, 2014, the China Banking Regulatory Commission announced that it agreed to Hangzhou City, Zhejiang Province to prepare for the establishment of Zhejiang MYbank, and Shanghai to prepare for the establishment of Shanghai Huarui Bank.

For Zhejiang MYbank, the reply shows that Zhejiang Ant Small and Micro Financial Services Group **** subscribed for 30% of the bank's total share capital; Shanghai Fosun Industrial Technology Development **** subscribed for 25% of the bank's total share capital; Wanxiang Sannong Group **** subscribed for 18% of the bank's total share capital; Ningbo Jinrun Asset Management **** subscribed for 16% of the total share capital of the bank. The shareholder qualifications of other enterprises with subscribed shares accounting for less than 10% of the total share capital shall be reviewed by the Zhejiang Banking Regulatory Bureau in accordance with relevant laws and regulations.

The CBRC stated that the preparatory work should be completed within 6 months from the date of approval, and an application for opening should be submitted to the local CBRC in accordance with relevant regulations and procedures. If the preparatory period cannot be completed on time, the preparatory extension report shall be submitted to the CBRC one month before the expiration of the preparatory period. The preparation shall not be postponed more than once, and the maximum period shall be 3 months.

If the application for opening is not submitted within the time limit, the approval document for the preparation will become invalid.

Alipay believes that everyone should know that in the past, there were all kinds of change in the bag, but now you only need a mobile phone to go all over the world, and you can pay Alipay when you go to **, which is very simple and fast, and there is no need to change, so China's science and technology are really developed, and I am fortunate to be a Chinese citizen. <>

But there is another function in it, which many people may not know, that is, MYbank, what is this? What is it for? <>

In fact, it belongs to a function of bank card online banking, and MYbank Pi Cheng is equivalent to an Internet-like existence of the grip of the bank, the traditional banking function is very similar, that is, you only need to open this online banking, for example, you need to transfer money, you can first deposit into it, and then transfer to a third party, it does not require any handling fee, any bank card can, very convenient, I didn't know it originally, always in Alipay transfer or Tixiao Bridge now need a handling fee, and later know this MYbank,I use this to withdraw or transfer,It's equivalent to an ordinary bank app client is a meaning,But he only needs to go in and submit information.,It's not like an ordinary app to have a login password.,It's very troublesome。 <>

I think this is still very convenient, when you generally need to transfer, I am through this to carry out, the arrival time is also very fast, and the ordinary app is the same, before it was also a **bank app, but always forget the login password, so I feel very inconvenient, and then use Alipay to transfer, but every time you have to charge a handling fee, and I feel that I can't draw it, and then I heard a friend say that there is such a thing, and then I have been using it, I think it is very convenient, and I also told my friends around me, In fact, there are many functions in Alipay, such as Huabei borrowing, you can learn more about it, how to use the operation, in case of emergency, don't believe in any small loans on the Internet, this kind of loan interest is so high that it scares you to death, and it is not on it later, but also all kinds of threats, intimidation and even harassment.

Taking the Alipay version, Apple 13 (system), and Huawei Mate40 (HarmonyOS2 system) as examples, MYbank's main functions are: 1. Apply for loans. 2. Deposits and transfers.

3. Buy wealth management products. MYbank provides users with loans, including individuals, small and micro enterprises, ** sellers, etc., as long as they meet the conditions, they can apply for loans.

The following is a detailed introduction to the role of MYbank:

1. Apply for a loan. MYbank provides a variety of small and micro enterprise loans, which can be applied for online and processed quickly.

2. Deposits and transfers. MYbank is an Internet bank, and it is approved by the China Banking Regulatory Commission, which is no different from other banks, and users can open savings accounts on MYbank, and then handle deposits, transfers and other businesses.

3. Buy wealth management products. After opening MYbank, users can purchase large-value wealth management products.

MYbank was established by Ant Financial as a major shareholder, officially opened on June 25, 2015, and is one of the first five private banks approved by the China Banking Regulatory Commission. MYbank can lend products such as borrowing, online business loans, etc., among which borrowing is for individual users, supporting borrowing and repayment, the amount of borrowing changes at any time, if it has been used according to the requirements, the amount of borrowing will continue to rise, and the interest rate of borrowing will also be reduced, which is very beneficial to borrowers.

Online business loans mainly serve small and micro enterprises and entrepreneurs, and are aimed at two types of users, namely Alipay users and international station members. The terms of the loan are different for both products, and there will be differences in terms of amount, but the term of both loan products is 12 months.