China Minsheng Bank (6000 16, Share Bar) "Qian Shengqian B" wealth management account is an "automatic notice, automatic extension" wealth management product after adding a notice deposit product.

2. Target customers

Frequent account receipts and payments, long precipitation period of local and foreign currency funds; Middle class and enterprise white-collar workers who are busy with their daily work and have no time to take care of fund management; Investment (foreign exchange speculation, stock trading) crowd, self-employed individuals with frequent trade and capital exchanges, industrial and commercial people, etc.

3. Main features and highlights

Features:

1. Multi-currency wealth management-including RMB, USD, EUR, JPY, GBP, HKD, Canadian dollar, Swiss franc and Australian dollar, can enjoy all the service functions of this business.

2. Short term and strong liquidity-RMB 1 day and 7 days for financial management, and foreign currency for 7 days, with 1 day or 7 days as a financial management cycle to improve the liquidity of funds.

3. Interest is calculated on a regular basis, and the income is higher-every 1 day or 7 days is an interest period, and 360 days (365 days in foreign currency) is adopted at the same time, so the wealth management yield is much higher than the deposit interest rate.

4. Withdraw at any time and do whatever you want-you can withdraw at any time and support partial withdrawal. When withdrawing money at business outlets, there are two humanized withdrawal rules: default and optional. Can support the use of overseas Qian Shengqian B.

5.T+0 funds are used flexibly and conveniently-if the required funds exceed the available balance of current funds in the card, the excess can be collected and spent within the limit of not exceeding the total amount of all wealth management principals in the same currency wealth management account in the card. If the customer fails to make up the usage amount before the end of the day, the system will automatically deduct the funds in the customer's account according to the set principle to return the usage amount. The scope of use includes withdrawal, transfer, credit card consumption, mortgage deduction, foreign exchange trading, credit card repayment and other transactions.

6. Signing procedures are simple and quick-in addition to business outlets, online banking signing function is also provided. As long as you have a Minsheng debit card, you can log in to www.cmbc.com.cn to complete the signing formalities.

7. Automatic subscription and intelligent financial management-after deducting the current retention (RMB 2,000 minimum, no foreign currency is needed), if the current funds in the card reach the initial deposit amount after rounding (100 yuan, foreign currency 1), the system will automatically purchase "Qian Shengqian B".

8. Minimization of interest loss —— In the case of withdrawal at any time, the interest loss from notice deposit to current account shall not exceed 6 days at the longest.

9. "Qian Shengqian B" has the function of financial accumulation, that is, when the funds in the customer's current account are insufficient to purchase the initial deposit amount of "Qian Shengqian B" of 50,000 yuan, he will automatically choose the Qian Shengqian account closest to the interest settlement date and meeting the specified notice period, and merge the current funds with the financial management funds on the latest interest settlement date (excluding the current day).

Highlights:

Product integration: A variety of optimized combinations of demand deposits and call deposits avoid the inconvenience of customers' repeated selection and operation between call deposits and demand deposits.

With financial management function: through the operation of the account, the customer's deposit yield is greatly improved.

At present, other banks have fewer similar competitive products and a larger market space.

4. Service channels

1) outlet counter-the savings outlet counter of our bank provides all services of "Qian Shengqian B" account (including consultation, signing, inquiry, cancellation, deposit and withdrawal, etc. ).

2) Online Banking-Customers can log in to www.cmbc.com.cn "Personal Online Banking Popular Edition" or "Personal Online Banking VIP Edition" (customers need to sign the VIP Edition in advance), and can handle online "Qian Shengqian B" account signing, signing modification, signing inquiry, signing cancellation, account inquiry, account balance inquiry and detailed inquiry.

3) Self-service banking-The Bank's self-service banking terminal provides deposit and withdrawal and inquiry services for the "Qian Shengqian B" account.

4) Telephone banking-Our customer service telephone number 95568 provides manual and automatic voice services.

5. Business process

With Minsheng Debit Card (master card), after signing an agreement at any of our business outlets or our online banking, the system will automatically subscribe according to the set requirements.

Step 1: Go to any branch of our bank with the main card of Minsheng Debit Card and my ID card.

Step 2: Fill in the personal financial service application form.

Step 3: Sign the service agreement of "Qian Shengqian B" financial account of China Minsheng Bank.

Step 4: After the bank verifies that it is correct, conduct the corresponding transaction flow of "Qian Shengqian B" in the integrated business system.

6. A brief history and present situation of development

Faced with the growing demand for RMB wealth management products and limited innovation space under the policy restrictions, China Minsheng Bank actively devoted itself to product innovation under standardized operation and developed a series of "Qian Shengqian" wealth management accounts.

On June 6, 2005, the bank officially launched the product in the whole bank. At present, it is a special savings business product of our bank. In July, 2005, the new version of "Qian Shengqian B" wealth management account added some functions, such as automatic system purchase, online banking signing, online banking inquiry, opening deposit certificate, etc., which has a certain leading level in the industry.

The "Qian Shengqian B" wealth management account launched by Minsheng Bank is based on the integration and upgrading of accounts, and has multiple transaction functions, which not only improves the liquidity and profitability of funds, but also effectively meets the current escalating wealth management needs, and represents the innovation direction of retail banking products in the future to some extent.

7. Risk warning

1. If a savings outlet withdraws more than 50,000 yuan (excluding 50,000 yuan) from the deposit account at one time, it must register the valid identity certificate of the drawer on the withdrawal voucher and sign it by the person in charge of the savings outlet before payment can be made.

2. If the personal deposit ratio exceeds 200,000 yuan (including 200,000 yuan) or the total deposit of the same depositor exceeds 6,543.8+0,000 yuan (including 6,543.8+0,000 yuan), the savings institution shall make statistics one by one at the end of the month, and report the statistics to its branches, which shall report them to the local people's bank.

8. Special tips

If the balance of Qian Shengqian B wealth management account is less than 50,000 yuan in advance, it will be fully withdrawn and cancelled.