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Can CITIC Bank automatically open related repayment and capital repayment at the same time?
The automatic affiliated repayment agreement of CITIC Bank does not clearly state whether affiliated repayment and fund repayment can be opened at the same time, but according to the announcement issued by Puyin AXA Fund 20 1 1, it is inferred that affiliated repayment and fund repayment of CITIC Bank should be opened at the same time. The company and China CITIC Bank jointly launched a new service of money fund credit card related repayment. Credit card customers of China CITIC Bank can enjoy the penultimate fund (redemption) opening day before the final repayment date of the credit card when handling the Puyin Monetary Fund, and automatically redeem the Monetary Fund when the debit account balance associated with the credit card is insufficient, so as to automatically repay the credit card on the due repayment date. If the fund is fixed at the same time, the monthly fund can be automatically purchased, and the repayment can be automatically redeemed before the expiration. According to insiders, the Monetary Fund was originally just a cash management tool. The opening of this innovative function has enabled the Monetary Fund to have the same liquidity and payment functions as bank demand deposits, but the income is much higher than demand deposits, giving the Monetary Fund a "cash-like" feature.

1, CITIC Bank was established in 1987. It is one of the earliest emerging commercial banks established in China's reform and opening up, and the first commercial bank in China to participate in domestic and foreign financial market financing. It is well-known at home and abroad for creating many firsts in China's modern financial history, and has made positive contributions to China's economic construction. In April 2007, CITIC Bank was listed on the A+H shares of Shanghai Stock Exchange and Hong Kong Stock Exchange.

2. CITIC Bank takes the development vision of becoming the best comprehensive financial service provider with responsibility, temperature, characteristics and value, gives full play to the advantages of CITIC Group's "finance+industry" comprehensive platform, and insists on "customer-oriented, reform-driven, science and technology-based, light development, compliance management and forcing talents". Provide corporate customers and institutional customers with comprehensive financial solutions such as corporate banking, international business, financial market business, institutional business, investment banking, transaction banking and custody business, and provide individual customers with diversified financial products and services such as retail banking, credit card, consumer finance, wealth management, private banking, overseas finance and electronic banking, so as to fully meet the comprehensive financial service needs of enterprises, institutions and individual customers.