Minsheng Bank's direct selling bank faces Internet users and does not need to go to the counter in person. Therefore, it has not been verified in person at Minsheng Bank's counter, and the accounts handled through electronic channels are classified as Class II accounts. In addition, those who have already opened first-class households and then opened new ones are also second-class or third-class households.

So what are the disadvantages of Minsheng Bank's direct banking second-class account?

The direct bank wealth management account opened by Minsheng Bank through the Internet channel belongs to the second type of account that restricts consumption. Support deposit, investment and wealth management, limited consumption, payment and other businesses. The daily cumulative consumption limit is 1 1,000 yuan, and the annual cumulative consumption limit is 200,000 yuan, but there is no limit on investment and financial management.

To sum up, due to the different policies and opening channels of the central bank, Minsheng Bank's direct bank account does not open face-to-face verification at the counter and belongs to the second category. Although the second-class account has a consumption limit, it has no effect on non-consumption behaviors such as purchasing wealth management products, so don't care.

China Minsheng Bank is committed to the development of collectivization, diversification and integration, and continues to promote the coordination of integrated services within and between parent and subsidiary companies, the business coordination between parent bank and subsidiary companies, the scientific and effective construction of group management and control system, the optimization of performance appraisal and resource allocation scheme of subsidiaries, the construction of system platform of subsidiaries, and the continuous improvement of the Group's service ability to provide customers with integrated financial solutions.

With the advantage of cross-border linkage with the head office, China Minsheng Bank Hong Kong Branch focuses on strategic opportunities such as "Guangdong-Hong Kong-Macao Greater Bay Area" and provides professional cross-border financial solutions; Around the capital market, investment banking businesses such as syndicated loans, M&A loans and structured financing have achieved steady development; Relying on the status of an international financial center, we will steadily expand our financial market business. By the end of June 2020, the balance of bond investment of the branch was HK$ 60.906 billion, the scale of foreign exchange transactions on behalf of customers was US$ 465.438+565.438+0 billion, and the scale of asset custody was HK$ 54.392 billion. At the same time, it adheres to the positioning of Internet light banking with online banking and mobile banking as carriers, and constantly improves the cross-border comprehensive service capability of personal wealth management, becoming one of the few Chinese-funded joint-stock commercial banks with online fund financing platform in Hong Kong market.