However, in the bank's business, it is not only the function of saving, but the essence of commercial banks is to pursue profit maximization. Safety, efficiency and liquidity are often the operating principles of banks. Therefore, banks will carry out a number of businesses accordingly, with different risks. Accidentally saving wealth management products will lead to high returns if you are lucky, otherwise there will be less risk of money, which reminds us to pay attention to distinguish the types of deposits when making bank deposits, and be careful that bank deposits also have "routines".
The main group of depositors is the elderly. After retirement, the income of the elderly is stable, the children are adults, and the related burden is reduced. Because their daily life is basically frugal and their expenditure ratio is very low, they have more spare money than young people. Young people have just entered the society, with low wages, high expenses and little savings. After getting married, the expenses of raising children, car loans and mortgages also led to less money left in their hands.
The first is structured deposits. Structured deposit means that depositors deposit funds in banks. On the basis of ensuring the normal deposit of customers' funds, banks increase financial derivatives and take income, interest rate and exchange rate into account, which is a financial product with certain risks. There is still a difference between structured deposits and wealth management products. In contrast, structured deposits are capital preservation, and only the interest of funds is affected. Banks will use the interest of customer deposits to invest in high-risk financial derivatives such as foreign exchange and gold. In the case of successful investment, depositors will get additional investment income in addition to the principal and original interest. At this time, compared with ordinary time deposits, the interest earned is much higher than the ordinary interest rate. However, when the investment fails, the depositor may only get his original principal back after the maturity, even the standard interest of the basic ordinary interest rate.
Second, the bank automatically deposits on a regular basis. Automatic deposit means that after the depositor's deposit expires, he doesn't need to go to the bank to take it out and store it again. The bank will automatically carry forward the due principal and interest to the next time period, but the deposit interest rate at this time is still stored at the previous interest rate. When the interest rate rises in the new year, depositors will face the situation that the interest rate will not increase automatically. No matter the annual interest rate adjustment, automatic deposit is convenient for depositors to a great extent, which can avoid overdue due to forgetting the maturity time.
The third is the insurance-based bancassurance products. This product refers to a kind of insurance financing provided by banks in cooperation with other financial institutions or insurance companies to customers with deposit intentions. The cycle of this product is 1 year, 3 years, 5 years and 10 year, which is a long-term investment method. Compared with other deposit businesses, bancassurance products need to store the same amount of money every year. If the customer chooses a five-year period and deposits1100,000 yuan in the first year, then deposits 65,438 yuan every year for the next five years. Compared with other products, although the bank claims to protect customers' rights and interests, according to the regulations, the income of this product is not guaranteed, and there is a risk of principal loss. In order to get the commission after successful sales, the bank staff will actively promote this product to depositors, and many people will accept this insurance product during the promotion. In fact, this is a disguised purchase of insurance products with funds, and it is a product with no guarantee of principal and interest. When the bank chooses a product, it should distinguish this product in particular to avoid regret after buying it.
As depositors, banks think that banks are the safest institutions to save money, but banks also need to develop their own businesses to make profits and strive for profit maximization, so bank staff will also promote various product categories. At this time, we should improve our discriminating ability, and don't be misled into buying products that we don't like. Efforts should be made to ensure the principal and interest and avoid the situation of less and less money.