Structured deposit refers to a deposit product in which investors deposit legally held RMB or foreign currency funds in banks, and banks embed financial derivatives (including but not limited to forwards, swaps, options or futures) on the basis of ordinary deposits, so that depositors can obtain higher expected interest under certain risks. Judging from the products that have been issued, the existing structured deposit products are all guaranteed. For example, China Merchants Bank is currently selling some structured deposit products.

RMB structured deposits are deposits embedded in financial derivatives absorbed by financial institutions. Product guaranteed income, product floating income part is linked to the market performance of specific indicators.

Personal financial products refer to financial products designed and sold by commercial banks for qualified individual customers, including stocks, funds, futures, foreign exchange, bonds, insurance, gold, lottery and other channels.

The ultimate goal of the three is to increase income, but from another perspective, it is also an investment. There are risks when you invest, and you should make a good risk assessment when you buy it.

Difference between Extended Data Structured Deposit and Ordinary Time Deposit

The principal of a capital-guaranteed structured deposit is included in the scope of deposit insurance, so it is essentially a deposit. But there is a big difference between structured deposits and time deposits:

1. Only the principal of the principal-guaranteed structured deposit is included in the deposit insurance scope, and its expected interest cannot be guaranteed. Because the interest of structured deposits is floating, it ultimately depends on the price performance of the linked target. The principal and interest of time deposits are covered by deposit insurance. The interest on time deposits is generally fixed, and it is implemented according to the deposit interest rate listed by the bank.

2. Because the interest of structured deposits fluctuates and bears certain risks, its expected interest is generally higher than the bank deposit interest rate of the same term.

3. Structured deposits generally have a subscription period, and interest cannot be calculated until the value date, while time deposits calculate interest on the same day.

4. Structured deposits generally mean that neither banks nor customers have the right to terminate their deposits in advance, while time deposit customers have the right to terminate their deposits in advance. However, some banks stipulate that banks have the right to terminate structured deposits in advance.