Traditional Culture Encyclopedia - Traditional stories - What does bank characteristic storage mean?
What does bank characteristic storage mean?
There are many kinds of products stored in banks, including demand deposits, time deposits, call deposits, lump-sum deposits and withdrawals, and fund management. These products have been adjusted in terms of yield, maturity and liquidity in combination with customer needs to meet the different needs of customers' savings.
Bank characteristic storage has many advantages. First of all, it can provide a higher rate of return and maximize the value of customers' savings. Secondly, the products of bank characteristic storage have their own characteristics, which can provide more flexible and convenient solutions according to the different needs of customers in capital arrangement. Thirdly, the risk control ability of savings products is strong, and customers can get higher returns on the premise of reducing risks. Finally, the liquidity of characteristic storage is good, which improves the efficiency of customer's capital use.
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