Theoretically, it is not prohibited, but some special customers will accept the pledge of wealth management products, and ordinary people can't. What you need to understand directly is that you can't.
2. Can bank wealth management products be pledged across banks?
Only Shanghai Bank owns it.
When purchasing wealth management products, the product manual or signed agreement contains the terms of product pledge.
Wealth management products refer to a kind of credit business in which the borrower pledges the beneficial right of the wealth management products sold in the bank in his own name, obtains RMB loans from the bank, and repays the principal and interest of the loans at maturity.
Take the purchase of a wealth management product with an annualized income of 4.75% as an example. The product cycle is one year, and investors will conduct wealth management products after purchasing. The loan interest rate is 4.35% of the benchmark interest rate within one year, with a spread of 0.4% in the middle. In other words, while raising bank funds, you can still make a net profit of 4000 yuan.
wealth management products
Wealth management products refer to bank customers who pledge the beneficial right of future income of wealth management products (including entrusted wealth management products) that meet the requirements of lending banks and apply for relevant loans from banks.
The longest loan period of wealth management products shall not exceed the expiration date of personal entrusted wealth management business agreement or contract; The loan interest rate shall be implemented in accordance with the loan interest rate of commercial banks announced by the People's Bank of China in the same period, and may fluctuate within the scope stipulated by the People's Bank of China.
The wealth management products sold by banks to customers are all raised by commercial banks from investors in order to obtain the nominal ownership of the raised funds and manage and use the raised funds. Funds are independent of commercial banks' own capital system and belong to off-balance-sheet assets, and the income ultimately belongs to the beneficiaries of wealth management products. In essence, it is "entrusted by others to manage money on behalf of others", which fully embodies the essential characteristics of trust legal relations such as "property independence" and "separation of ownership and income rights", thus determining that the legal relations formed by various financial products are trust legal relations.
3. Can bank wealth management products be pledged across banks?
Only Shanghai Bank owns it.
When purchasing wealth management products, the product manual or signed agreement contains the terms of product pledge.
Wealth management products refer to a kind of credit business in which the borrower pledges the beneficial right of the wealth management products sold in the bank in his own name, obtains RMB loans from the bank, and repays the principal and interest of the loans at maturity.
Take the purchase of a wealth management product with an annualized income of 4.75% as an example. The product cycle is one year, and investors will conduct wealth management products after purchasing. The loan interest rate is 4.35% of the benchmark interest rate within one year, with a spread of 0.4% in the middle. In other words, while raising bank funds, you can still make a net profit of 4000 yuan.
wealth management products
Wealth management products refer to bank customers who pledge the beneficial right of future income of wealth management products (including entrusted wealth management products) that meet the requirements of lending banks and apply for relevant loans from banks.
The longest loan period of wealth management products shall not exceed the expiration date of personal entrusted wealth management business agreement or contract; The loan interest rate shall be implemented in accordance with the loan interest rate of commercial banks announced by the People's Bank of China in the same period, and may fluctuate within the scope stipulated by the People's Bank of China.
The wealth management products sold by banks to customers are all raised by commercial banks from investors in order to obtain the nominal ownership of the raised funds and manage and use the raised funds. Funds are independent of commercial banks' own capital system and belong to off-balance-sheet assets, and the income ultimately belongs to the beneficiaries of wealth management products. In essence, it is "entrusted by others to manage money on behalf of others", which fully embodies the essential characteristics of trust legal relations such as "property independence" and "separation of ownership and income rights", thus determining that the legal relations formed by various financial products are trust legal relations.
4. Can China Bank's gold bars be sold in other banks?
Gold bars bought by China Bank can be repurchased, and gold and silver sold by individuals must be sold to the People's Bank of China or other designated institutions, and cannot be bought or sold privately. According to Article 6 of the Regulations on the Administration of Gold and Silver in People's Republic of China (PRC), the state protects individuals from legally acquired gold and silver.
Article 7 Within the territory of People's Republic of China (PRC), no unit or individual may use gold and silver at a fixed price, and it is forbidden to buy and sell gold and silver without permission, and to borrow or mortgage gold and silver.
Article 12 Individuals selling gold and silver must sell them to the People's Bank of China.