Personal financial business practices

 

The first section  Personal savings business

A, personal savings real name system

    Real name system of personal deposit accounts, refers to the personal open deposit accounts in financial institutions to handle savings deposits, they shall show their legal identity documents, use the name identity documents, financial institutions must comply with the requirements for check, and register names and identification card number, to determine the depositors to open an account deposit ownership a system. Implementation of the main objective of personal savings account of real name system is to guarantee the authenticity of personal deposit account, to protect the lawful rights and interests of depositors.

  

Two, the savings deposit interest tax

 

The three, interest rates and interest

 

Four new varieties, savings

    With the pace of reform of China's financial system to speed up, competition is becoming increasingly fierce, to absorb deposits, improve financial services, meet the needs of our customers, in recent years, the bank has launched several new savings business. Mainly include:

 

    1Current, the

 

    A pass in an account in RMB and foreign currencies can accommodate the savings deposit. Its main feature is the set of multi currency in ninety percent off, the storage is convenient; both the general current account with the USW function; for personal foreign exchange; connected with telephone banking, remain within doors can achieve personal finance.

 

    2Periodically, the

 

In order to change the traditional"A regular savings a certificate"Practice, each big bank launched the easy storage, convenient use of the foreign currency time - a business. The regular one - is a way for the RMB and foreign currency deposits in different currencies and maturities - regular savings deposits in a passbook.

 

    3, notice deposit

 

    Notice deposit is the customer in the deposit, not the agreed deposit period, the freedom to choose deposit varieties (One day notice deposit and seven days notice deposit), receive a day or seven days' notice, a deposit withdrawal of the date and the amount paid, the minimum deposit amount for personal notice deposit5Million yuan, unit50Million yuan; the lowest amount paid to individuals5Million units10Million yuan. The depositor needs one-time deposit, can be single or receive. Notice deposit is a deposit between deposits and demand deposits, the storage planning and strong, high income, has the virtues of the deposits and demand deposits, interest rates higher than demand deposits, especially suitable for a large amount of withdrawal at any time as customers need.

 

    4A personal cheque, savings

 

    A personal cheque, savings, are based on personal credit as guarantee, the use of checks for payment and settlement vouchers savings. Open a personal cheque savings depositors, the wage income from transfer payment units into account, the depositor purchases of goods or payment of other costs, can write a check for settlement, can also handle remittance business. Cheque on two oblique angle after the draw parallel lines for"Transfer cheque"Only transfer, shall be honored. If depositors have been filed for the telephone banking service, telephone bank guarantee agreement signed with the bank, check through the telephone banking service on the checks to pay, in order to improve the personal check reputation. The deposit is mainly suitable for higher income, payment amount is large and the number of frequent savers. Personal checks, the biggest advantage is safety, convenience, and reduce social cash flow, improve settlement efficiency, the savings has good popularizing prospect.

 

    5, education savings

  

    Object: object education savings(Depositor)For the fourth grade in primary school(With the fourth grade)More students, including non compulsory education full-time high school, college, bachelor's degree, master's and doctoral students.

 

    Properties: education savings for the Treasury regular savings deposits. The storage period is divided into one year, three years and six years. The minimum amount of50Yuan, up to a maximum amount of principal together2Million yuan. When opening an account depositors should be according to the fixed monthly financial institutions agreed to deposit the amount, the monthly deposit, half-way if there is leakage, should be filled next month, not fill the deposit according to the relevant provisions of Treasury regular savings deposits for.

 

    Education savings interest rates: interest rate concessions. One year, three years period of education savings account. According to the same grade - regular savings deposit interest rates; six years period in accordance with the opening day five years period of time savings deposit interest rates. Education savings in storage period in case of interest rate adjustment, according to the account opening date rate of interest.

Withdrawal provisions: education savings due to receive the actual amount and the actual deposit interest calculation.

 

   Five, the structured deposits of foreign currency

 

    Structured deposits of foreign currency is a special foreign exchange deposit business, is according to the level of risk customers are willing to bear the exchange rate, interest rate and expectations of the prices of financial products, to design a series of risk, income level of different deposit products. Customers through the bear market risk obtain higher than ordinary interest income. Structured deposit business is mainly to link customer profitability and market conditions, and the interest rate(The dollarLIBOREtc.)The main credit, exchange rate, etc. the hook, can also according to the different situations of customers tailored made.

 

The second section      Personal consumption loans

 

A, education loans

 

    Educational loans refer to loans to borrowers to assist their or their legal guardians in studying at domestic secondary schools, colleges and universities and studying for a master's or doctor's degree, or have been approved in the overseas secondary school, University, master's and doctoral degree the tuition and miscellaneous fees (Including overseas travel)Consumer loans.

    1Principle: the loan, part of the self, effective guarantee, dedicated, repay principle.

    2Object: at least, loan18Years of age, Chinese citizens with full civil conduct.

    3, loan conditions

    4Loan amount: the highest, can provide students education costs80%, the maximum amount of up to10Million yuan.

    5Generally, the term of the loan1-6Years, the longest period of not more than10Years, the specific term according to the borrower's studying situation and guarantee the nature of.

    6, loan interest rates: in accordance with the provisions of the people's Bank of China with grade loan rates. The term of the loan1Within a year, according to the contract interest rate, when the statutory rate adjustment, the contract interest rate loan period unchanged1Years, with the adjustment of the legal interest rate, in accordance with the provisions of the people's Bank of Chinese adjust execution.

    7The use of the loans, education loans: is designed for personal consumer education and the special loans, loans are limited to educational expenditure.

    8, loans and repayment

    The issue. The loan can be in accordance with the borrower's request one or staging directly into the unit of educational charge account, can also be a borrower or phased in to open in the lending bank savings account or the bank card.

 

    The repayment. The term in the1Years (Containing1Years), after the expiration of a debt;1Years, the monthly (Season)Matching repayment of principal and interest or matching repayment of principal principle, the borrowers in the loan to banks designated account to deposit the amount required by the bank on a monthly basis, then automatically deduct; if the borrower is no income students, monthly repayment from the down payment loans (Season)To start, can also the agreement with the bank (General should be in the first year of the borrower after graduation)If the borrower is; economic income, the next month the first payment must be from loans (Season)Start.

 

    The early repayment. The borrower can be partially or completely disposable repaid loans. 

 

Two, mixed loan

 

    Mixed student loan is provided by the bank interest bearing loan and interest free loans according to the school1:1Mixing ratio for student loans.

 

1Basic forms: borrowing, students before and after school in the school year20Students at the school days of applying for the loan, the loan object and amount by students at the University, the relevant documents to the bank, agreed to by the bank after review by the1:1The principle of matching loans, banks for student loans to provide technical services, can provide convenience for the Great Wall debit card loans.

 

 2, the loan amount: in general, tuition fees each year loan amount does not exceed the loan student's college, for poor students can loan living loan, the annual cost of living all loans does not exceed the approved standard minimum cost of living.

 

3, the term of the loan: the length of not more than6Years.

 

Three, individual housing loans

 

    Individual housing loans refer to the bank China mainland towns purchase, construction, overhaul various types of housing loans of natural person. Individual housing loans can be divided into individual housing loan business, personal housing accumulation fund loans and individual housing loan portfolio three categories.

 

(a) individual housing loan business

 

    Individual housing loan business is the use of bank credit funds to purchase, construction, overhaul in the town of various types of housing loans of the natural person.

    Loans: China natural person with full capacity for civil conduct, and in China had the right of abode with full capacity for civil conduct overseas, foreign natural person.   

 

 (Two)Personal housing accumulation fund loan

 

The bank entrusted to the housing provident fund management departments, to the workers paid housing provident fund deposits as the main source of funding, according to the requirements, provide timely and full of workers paid housing provident fund for the purchase, construction, overhaul Town, various types of housing loans.

Object: loans on time and in full deposit housing provident fund of natural persons.   

 

(three) individual housing loan portfolio

 

Individual housing loan portfolio to the timely and full of workers paid housing provident fund to build, overhaul town of various types of housing in the purchase, at the same time, banks in the issuance of individual housing loan business and personal housing accumulation fund loan.

 

    Individuals to purchase housing loans at the time of application, can also apply to other varieties of personal loans, such as housing and purchase a car loan portfolio (That the borrower to purchase housing as collateral, at the same time to the banks for the purchase of loans and the purchase of car loans)Individual housing loan portfolio, and decoration (That the borrower to buy housing loans to apply at the same time, with the purchase of housing as collateral for housing loans decoration)Etc..

 

Three, the automobile consumption loans

 

    Automobile consumption loans refer to loans to buy a car for personal use or rental business borrowers to apply for loans, the "Part of the self, the effective guarantee, dedicated, repay"Principle. Both lenders and borrowers should be based on this principle signed loan contracts in accordance with the law. The lender to branch China bank designated; Chinese borrower refers to citizens with full civil capacity in China territory, have a fixed residence and approved by the administrative department for Industry and commerce registration of enterprises, enterprise legal person units.

 

Four, personal deposits small loans

 

    Certificate of deposit small private mortgage refers to depositors with outstanding Renminbi or foreign currency deposit as a pledge, made a certain amount of deposit and loan from banks with business, it satisfies the depositors because of short-term liquidity difficulties, is not willing to withdraw your time deposit their suffered loss of interest demand.

 

    At the age of18Banking institutions within the territory of China may apply to citizens under the age of Chinese my deposit account to apply for the business.

 

    I hold valid identity documents and my bank certificate of deposit, you can apply for. Including the type of certificate of deposit: RMB time certificate of deposit, and deposit certificate, certificate of deposit, OTO FORTUNE bearer negotiable certificates of deposit and overseas RMB savings deposit; personal foreign currency deposits, personal foreign currency deposit large rated period.   

 

The third section  Bank financial products and services

 

A, credit card

 

    In addition to the bank's promotional credit card"First, consumption, after the repayment"Guided by the concept of consumption, identity and any time not to cash in distress, credit card has enough functions to wait for people to understand.

 

    First is the bill for you this month on a stick out a mile of expenditure. Every month or month, with details about your bank this month spending will be mailed home, which is conducive to the establishment of rational consumption habits.

 

More important is, at best, a debit card is to change consumption patterns, credit card is from the financial angle of the operation handle your money, used properly, you can save a lot of interest, even from bank loans.   

 

Two, bank securities transfer

 

    Bank securities transfer service is refers to the way of individual securities investors through our telephone banking service system, a securities company telephone bank system, self-help terminal, real-time transfer and query of funds between customer margin account with bank savings accounts. Customer transactions in securities through the securities firms still telephone system, counter service and self-service terminal etc..

 

"Bank securities transfer"For those who prefer to directly in the brokerage stocks at user of the bank card, bank card as a payment instrument, trading in the securities there, without carrying cash to turn.

 

Three, the RMB financial service characteristics

 

    Banks to provide personal financial services including consulting, financial analysis, generation custody business and entrusted deposits due to keep business.

 

    All banks in their personal financial business characteristics, especiallyVIPCustomer finance both service content, form and service quality, continuous innovation, competition is intense.

 

1Industrial and Commercial Bank of China, special financial account.

 

    Industrial and Commercial Bank of the personal financial services mainly include:

    (1) consulting

    (2Financial analysis)

    (3) generation custody business

    (4) commissioned the maturity

 

    2Construction Bank"Le Dang"Financial services.

 

    "Le Dang"Financial management is the Construction Bank China launched personal financial services brand, is built from meet the diversified, personalized customer demand, based on the integration of personal financial products, services, channels, network resources. Through the professional manager, to provide customers with convenient, efficient, comprehensive, all-round, personalized, one-stop service.

 

    "Le Dang"Features:

 

    (1) comprehensive service modes."Le Dang"The integration of bank savings, loans, bank card, securities, funds and other financial products, set the realization, self financing, artificial management of smart financial management etc, can meet a variety of financial demand of customers.

 

    (2Financial life of service)."Le Dang"For customers in each stage of life financial planning. Introduction of personal finance packages, to meet the various needs of different clients.

 

    (3) one-stop service. Establish personal financial center in the city, a one-stop processing services for customers, from customers to rush mat.VIPCustomers enjoy the VIP rooms with comfortable environment; special financing window, more convenient, secure.

 

    (4Financial management professional team). Careful selection and training of managers, asVIPProvide exclusive financial services to customers, help customers analyze balance sheet. Develop professional financial planning, provide rich information service. At the same time, the CCB has strong professional management team. Help customers to solve difficult problems in financial services.

 

    (5National roaming service). To all over the country's personal financial center, financial room, open counters, financing window for the service network, so thatVIPCardholders enjoy national roaming service, in a foreign country can get personal service.

 

 

    3, China Merchants Bank"Golden sunflower"VIP service.

 

    China Merchants Bank"Financial planning"The service, according to the customer's current financial situation, the China Merchants Bank financial experts for customer tailored financial planning, to help customers understand the financial development, the realization of personal financial goals.

 

    China Merchants Bank"Golden sunflower"In VIP service:

 

    1"One-on-one"Financial adviser. China Merchants Bank financial department manager will provide a unique personalized design, professional management and service for the customer, to apply for and use the customer details of various service channels and characteristics of products. Customers in the financial aspects if there are any problems, can directly inform the client manager, client manager responsible for solving the.

 

    The exclusive financial space. China Merchants Bank"Golden sunflower"Financial center,"Golden sunflower"VIP room,"Golden sunflower"VIP window will beVIPCustomer first service.

 

    Rich and timely financial information: China Merchants Bank will be based onVIPCustomer order requirements, provide timely investment information and information services, such as market information, financial forum, notification services, account information and membership issue etc..

 

    The more preferential services. Such as the introduction of the main city in China"Golden sunflower"VIP boarding service; the above hundreds of four star hotel reservation andVIPService;"Golden sunflower"Remote medical emergency rescue service; booking tickets, weather and traffic advisory services; designated outlets free temporary safekeeping service; emergency withdraw, emergency report, free mobile phone text messages orE-mailFinancial Secretary notification service etc..

 

 

The fourth section  Personal insurance business

 

One, buy the principles and methods of insurance

 

(A)The general principles of the purchase of insurance

    Because of personal insurance products is more complex, but it is also quite strange, so it is necessary to master some basic principles, for insurance purposes.

    1Make both ends meet

    2Determining the insurance needs

    3Attention, high loss

    4The deductibles

    5The reasonable collocation, insurance

 

Analysis of two, insurance needs and Solutions

    Insurance demand analysis

    Determination of general formula for the sum insured:

    You need insurance amount=May suffer the risk losses - your present circumstances can bear the amount

 

Three, the premium choice and insurance contract

 

    Bought the insurance people all know, premium payment way is nothing more than two kinds: a one-time payment or payments. The premium is relatively small, can be a one-time.

 

1, the bank interest rate is based               

        

Insurance company insurance fees are adjusted, to the bank interest rate by setting. The one-time payment of instalments difference like20Over the period of time of regular savings and bonds. Although the maturity of the insurance industry in order to guard against the risk, and savings, but in our country, insurance has be closely related and mutually dependent relationship and savings, the premium is reflected by the bank rate"The barometer". So, just to see the details on the premium difference, just simple decision wholesale payment is cheaper than the installment is not appropriate.

 

    2, premium waiver

 

    Waiver of premium that is to say, if the insured in the pay period has not yet full of when be or get out of danger, it did not pay the premium clear can be avoided, is not affected by the access policy full compensation. This provision is particularly important for those who do not return the premium of insurance, enjoy the same security, payment and installment pay is be quite different. At present, the business of insurance companies accounted for a considerable share of the risk of disease, many provisions of the policy effective within one year after the accident, has to refund the premium, for the amount of insurance10%Compensation; after a year out, don't return premium, receive full compensation. So, in terms of insurance premium exemption in the case may be, must take into account.

 

    3The main risks, and additional risks

 

    Because the types of diversity and security guard emphasis are different, the main risk coverage in some higher, security is high, the insurance company will also provide a series of policy holders, and the insurance, complementary additional insurance, and provisions, only in the main risks, and in the main insurance payment period circumstances, can insure against any additional risks. If a mid payment to buy the main risk, although still in the main insurance guarantee period, but because the payment behavior has been terminated, will no longer be able to purchase additional insurance new.

 

    4Additional, again

 

    Another benefit of payment of premium. If you think the insurance number of copies of the original purchase of too little, security is too low, and the original coverage has reached50000Yuan, can according to the original standard pay additional value for the original purchase coverage20%The new insurance. Also, this provision also applies only to the installment payment, payment not enjoy such rights. Many people buy insurance in the first time, either because of economic reasons, either with the psychological test, the purchase amount is not large. Once found the meaning of the insurance, there is an additional intention, and wholesale payment limits the flexibility.

 

    Again, consider the trend inflation, installment and be sensible. No matter how interest rates over the same period, the premium is paid by the policy agreed closed, not subject to the external economic environment influence. The cost of wholesale payment was made in the current interest rates, and assumed on the basis of this, after interest rate unchanged, therefore, delivery is a fixed number of.

 

    Of course, payment is not Nothing is right. Many people choose this payment method is based on their own work is not stable, and the hands had a sum of money, to avoid future changes occur, difficult delivery, suffer a portion of the loss, on the choice of the payment method.

 

The new direction of development of four, insurance varieties

 

(a) the investment linked insurance

 

    The definition of Investment Linked Insurance Regulatory Commission "investment linked insurance management Interim Measures" is: the investment linked insurance refers to insurance protection function and at least have a certain value of the assets in an investment account of personal insurance products. At present, has introduced a number of such products, investment linked insurance will be insured pay the premium after deducting expenses(Including the risk premium, insurance policy management fees, investment account management fees)Later, the remaining premium will be magnified investment account, the insurance company investment experts responsible for investment, but the insurance company of the investment account and without any responsibility, the risk is undertaken by the insured. The insurance company will according to the provisions of the contract, the insured in the insurance period, insurance accident insurance payment. In a word, investment linked insurance is the investment policy.

 

1The characteristics, investment linked insurance

 

    1.The advantages of investment linked insurance

 

    Compared with the traditional advantages of insurance, investment linked insurance is the largest of its asset and role. The traditional life insurance products, insurance companies are in accordance with the scheduled interest rate, determine the payment. But because it is difficult to predict the economic fluctuations, when inflation is serious, will decrease the actual value is caused, the interests of the insured suffers. Investment linked insurance will be fixed in the expected rate of conversion into uncertainty the insurance company's investment rate of return, the insured has finally been rewarded in size, will be decided by the investment of insurance companies is good or bad. Because the insurance company funds on the scale, investment professional talent advantage and extensive investment channels, Therefore, the insurance company for the rational use of funds, under normal circumstances can make the insured funds to obtain good investment returns, to compensate for inflation.

 

    2.Lack of investment linked insurance

    The higher the risk.

The security is not comprehensive.

 

2Investment Linked Insurance Guide

 

   The following are suitable for the purchase of investment linked insurance group:

 

   1.High income customers;2.Professional.3.Bank clerk;4.Civil servants;5.Teacher.6.Company managers;   7.Sales staff;8.Private enterprise owners;9.Contractors;10.The taxi driver.

 

    (two) participating insurance

 

    Dividend insurance refers to insurance companies will the results better than pricing assumes the actual operation, to guarantee slip holder for distribution according to a certain proportion of life insurance products. Has the more than two hundred years of participating insurance in developed countries, as against inflation and interest rate risk of the main line, its main advantage is that the insured can get the traditional insurance provisions of the insurance liability, can also share the operation result of insurance company, which is assigned to the insurance company investment and management activities of the resulting surplus. Company will be distributed according to the actual operating conditions on a statutory accounting annual dividend insurance business decision dividend.

 

Five, the insurance

Auto insurance is divided into types of basic insurance and additional insurance two kinds. The basic risks including the third party liability insurance and vehicle damage insurance; more additional risk types, including the whole vehicle pilfer, car personnel liability insurance, no fault liability insurance, liability insurance, vehicle mounted cargo drop breakage of glass, the vehicle to stop loss insurance, autoignite loss insurance, non deductible special risks etc..

    1Several methods of auto insurance, price determination

 

    Auto insurance relative to other property insurance, more complicated to determine the amount of insurance. There are three general determine insurance amount: press the new car to purchase price, according to vehicle market value as well as the agreed value. In general, the insured in accordance with the above two modes, the insurance company will admit vehicles for the full insured.

    (1According to the new car purchase price of insurance).

    (2According to the market value of the insured).

    (3According to the agreed value of the insured).

 

    2Buy insurance, and collocation skills

    (1Novice open) car

    ● insurance loss insurance

    The third party liability insurance

    The whole vehicle pilfer

    ● glass breakage

    The new device to increase the risk of loss

    ● non deductible special risks

    ● the car(Personnel)Liability insurance

●    No fault liability insurance

●      

    (2Novice open old car)

    ● insurance loss insurance

    The third party liability insurance

    The spontaneous combustion risk of loss

    ● non deductible special risks

    ● the car(Personnel)Liability insurance

●    No fault liability insurance

●      

    (3The new car)

    ● insurance loss insurance

    The third party liability insurance

    The whole vehicle pilfer

    ● glass breakage

    The new device to increase the risk of loss

    ● non deductible special risks

●    The car(Personnel)Liability insurance

●      

    (4The old car)

    ● insurance loss insurance

    The third party liability insurance

    The spontaneous combustion risk of loss

●    The car(Personnel)Liability insurance

●      

    3Ten points for attention, insurance claims.

    (1The intentional act not) to compensate the column.

    (2The product inside the car bumps) vehicle responsibility.

    (3) car caustic danger can be glass damage compensation accident.

    (4) claims too small claims may not be cost-effective.

    (5The lost car keys will increase)5%Deductible franchise.

    (6The car in the parking fees) stolen without compensation.

    (7) the debtor drive your car, the insurance company does not pay.

(8) annual inspection on time, otherwise it will by the refusal.

    (9) the spirit of damages is not an insurance liability.

    (10The earthquake damaged car free).

 

    4To second-hand car ownership in time.

 

    In the second-hand car is more and more favored by consumers in the purchase a car after the case, must be timely to auto insurance transfer, do not rush to the road, in order to avoid too late to regret.

 

In accordance with the relevant provisions of the insurance law, after the transfer of second-hand car, car insurance must also apply for transfer procedures. The insurance company to claim, and the insurance policy effective date is from the billing date.