ICBC has a service called balance management, which is similar to Yu 'ebao. It can manage the balance of ICBC users through certain methods, so that users can get the expected income. However, many people don't know whether it is safe for ICBC balance manager not to be worthy of ICBC balance management. I have compiled some information for your reference. Is ICBC's balance financing safe?

Is ICBC's balance financing safe?

ICBC's balance management seems to be an ordinary cash account, but it is actually similar to Yu 'ebao.

Manage money by purchasing the monetary fund of ICBC Credit Suisse, a subsidiary of ICBC.

. The monetary fund is called ICBC Credit Suisse Express Currency with the code of 000848, and the product risk level is pr 1, which belongs to

Very low risk product

, the expected income is counted on a daily basis.

In fact, it is not only ICBC's balance management, but Alipay's balance treasure also obtains the expected income for users by purchasing money funds. This kind of financial management has little risk and can generally guarantee the principal. Up to now, ICBC's balance management and Yu 'ebao have no loss records. Therefore, it is considered that ICBC's balance financing is safe.

ICBC's expected rate of return on balance financing is also maintained at around 4%, which is similar to Yu 'ebao and slightly higher than Yu 'ebao. At the same time, ICBC's balance management also has deposits and withdrawals. There is no handling fee and it can be redeemed in 24 hours.

ICBC's balance financial management has high liquidity, and its principal and expected income are less affected by risk factors. The money fund it buys is a relatively low-risk fund product among all securities investment funds.

Editor's note:

After reading the above, I believe everyone knows the answer to the question: Is ICBC's balance financing safe? I think ICBC's balance management is relatively safe and suitable for conservative customers.