Structured deposits refer to financial products with certain risks in which investors deposit legally held RMB or foreign currency funds into banks and banks embed financial derivatives (including but not limited to forwards, swaps, options or futures). On the basis of ordinary deposits, investors' income is linked to financial or non-financial objects such as interest rate, exchange rate, stock price, commodity price, credit and index. Since the beginning of 2004, small structured foreign exchange deposits have become popular in China, which is characterized by a long term, ranging from one year (determined by banks) to three to five years. At this stage, after investors pay their funds in the form of deposits, banks will generally make structured deposits with foreign correspondent banks, giving them roughly 2.53%-2.63% (which is higher than the interest rate of 1 ~ 2 times in the same period). Because of the high income several times higher than that of deposits in the same period, foreign exchange structured deposits are naturally favored and sought after by investors in the case of narrow foreign exchange investment channels, high risks and low returns.
If you plan to purchase structured deposits, you must first understand the characteristics of the product, as follows:
1, high income. Because structured deposits are linked to financial products, the income is much higher than that of ordinary time deposits.
2. Guarantee the principal. Structured deposits can usually guarantee the principal, and users only need to bear the risk of interest, while the principal is almost risk-free.
This term is flexible. The term of structured deposits is very flexible, and there are 1, 3, 6 and 12 months to choose from, unlike time deposits, which are all profitable year by year.
It should be noted that structured deposits may also have no or little income, and users of income should buy according to their actual situation.