Compared with the traditional certificates of deposit, large negotiable certificate of deposit has the following characteristics.

Advantages of large negotiable certificate of deposit:

1. For individuals/enterprises, because it is issued by a bank account, it has a good reputation, low risk, higher interest rate than demand deposits, and can transfer financing at any time, which is the best credit tool for profitability, safety and liquidity.

2. For banks, the issuance procedures are simple, the required written documents are simple, the fees are low, and the amount of funds absorbed is large and the term is stable. It is a very effective means of raising funds, especially in the process of transfer, because the cost of large negotiable certificates of deposit is lower than that of bond swap, which creates favorable conditions for financial markets to raise funds and private enterprises to effectively use idle funds to make up for the shortage of funds. Moreover, because CD sheets can be bought and sold freely, its interest rate is high.

Tips: Before purchasing a wealth management product, you should make sure that you fully understand the investment nature and risks involved in the wealth management product, and carefully understand and carefully evaluate the basic information such as the direction of capital investment and risk types of the wealth management product. On the basis of fully understanding and clearly knowing the risks contained in this wealth management product, you can participate in the transaction independently through your own judgment, and voluntarily bear the relevant risks. After careful consideration, you can decide to purchase a wealth management product that matches your own risk tolerance and asset management needs.

Response time: November 3, 221. Please refer to the latest business changes announced by Ping An Bank in official website.