What if the money burns?
What if the money burns? Let's watch a news. On the afternoon of September 17, smoke billowed from an armored car in Guangzhou. As soon as the people in the car saw it, they got off the bus and moved the cash box to the side of the road. Later, two buses came, and the driver took a fire extinguisher to help put out the fire. Fortunately, the paper money on the bus didn't suffer much loss.
What should I do if the money on the armored car is damaged at this time? First of all, the armored car company counts the loss of banknotes, and then selects banknotes that can be exchanged into banks according to relevant regulations.
Then for the remaining non-convertible banknotes, if insured, the insurance company can pay for them. If it is not insured, it may only be borne by its own company.
At this time, everyone can see that the damage of banknotes is the company's own business. If you can't change it and there is no insurance, then you can only bear the loss yourself.
What if the bank is on fire and the money burns? General commercial banks will not deposit 5 billion yuan in cash in their large banks. The first is that the security risk of doing so is too great.
Second, the interest loss is great. If the bank deposits so much cash and does not lend the money, the interest loss will be great. According to the annual loan interest rate of 4.9%, if you deposit 5 billion cash, the daily interest loss will reach 6.710.2 million yuan. If you save it for one year, the interest loss will reach 245 million yuan, which is astronomical.
Third, there is no need to deposit so much cash now. Now it can be said that the amount of cash is getting less and less. Nowadays, mobile payment and credit card transactions are very convenient, and people use less and less cash. Therefore, it is unnecessary for banks to deposit so much cash.
Then what if there is a fire in the bank vault and some money is burned? It's actually very simple. After burning the bank's money, first count the losses, and then choose the convertible residual banknotes to exchange with the People's Bank, which can recover some losses.
Followed by insurance company compensation. Generally speaking, banks will insure and insurance companies will pay for these property losses. If the amount insured by the bank is sufficient, the bank may not lose money after the insurance company pays.
In one or yourself. If the bank's protection is not very comprehensive, it may be that the bank itself bears part of the losses.
Generally speaking, banks can't directly ask the People's Bank for money. To sum up, if there is a fire in the bank and some RMB is burned, you can't ask the People's Bank for money.