Traditional Culture Encyclopedia - Traditional virtues - Advantages and disadvantages of big banks and small banks, such as commercial banks and Hangzhou Bank. thank you

Advantages and disadvantages of big banks and small banks, such as commercial banks and Hangzhou Bank. thank you

Big bank

Advantages: there are many outlets, and it is convenient to handle business access in different places. More controlled by the state, dare not cause more trouble.

Disadvantages: the service is poor, the interest rate will only be the lowest, and some service fees will be charged, such as annual card fee and SMS notification fee.

Small bank

Advantages: the interest rate will be higher than that of big banks, and many services are free, such as annual fee, SMS notification fee and inter-bank transfer fee. And the service attitude will be better.

Disadvantages: there are not enough outlets, and sometimes working in different places will be restricted. In addition, when promoting the agent's wealth management products, some small banks may have some factors such as inadequate supervision and high risks.