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What does gold accumulation mean?
Gold deposit business (GAP) refers to the business that customers open a gold deposit account in our bank and purchase our gold products with a fixed amount or grams through active deposit or time deposit. For the gold balance in the gold deposit account, customers can choose to withdraw the physical object from our bank or redeem it (sell it to our bank).

Gold accumulation business, also known as gold accumulation business, refers to the gold accumulation account opened by commercial bank customers in commercial banks and accumulated according to the fixed weight or fixed amount of gold products of commercial banks. Commercial banks automatically deduct the corresponding amount from the account every month according to the customer's application. In addition, customers can also take the initiative to invest in a one-time subscription at some point.

Extended information:

Gold deposit business means that customers of commercial banks open gold deposit accounts in commercial banks and make deposits according to the fixed weight or fixed amount of gold products of commercial banks. Commercial banks automatically deduct the corresponding amount from the account every month according to the customer's application. In addition, customers can also take the initiative to invest in a one-time subscription at some point. For the gold balance in the accumulated account, customers can choose to redeem it to obtain monetary funds or withdraw physical gold according to the actual specifications of the corresponding gold products of commercial banks.