The first is deposits in different places, and the central bank will stop.

In other words, banks can only handle the business of local depositors and prohibit deposits in different places. Banks cannot handle the business of depositors in different places across regions. Of course, this is not absolute, provided that the bank has branches there.

The second is Internet deposits. The new policy stipulates that banks cannot "absorb deposits at high interest rates" through third-party platforms on the Internet. The bank's storage business can only be carried out through normal channels. Due to the vigorous development of the Internet industry, various businesses have rapidly spread to the lives of ordinary people, and banking business is no exception. In order to attract more deposits, banks usually have corresponding software platforms to absorb deposits. After the introduction of the new policy, the way of handling business through online third-party platforms will also be banned.

The third type is structured deposits, which are characterized by banks taking out part of the deposits of ordinary people to buy other wealth management products. The better the income of wealth management products, the higher the interest customers get. If the income of this wealth management product is poor, the customer's deposit interest will be reduced or even zero, but the customer's principal will not be affected.

Fourth, interest-bearing deposits by file shall be implemented according to the new policy. Depositors' time deposits will not be withdrawn before the specified time, and interest will be calculated according to the maturity period. It turns out that the practice of banks is to minimize the losses of depositors. After the implementation of the new policy, this method will also be banned. If the time deposit of future depositors is withdrawn in advance, it will generate interest on current deposits and cause certain losses to depositors.

Deposit type:

1, time deposit

2. Demand deposit

3. Notice deposit

4. Unit deposit

Legal basis:

Measures for the Administration of Customer Due Diligence of Financial Institutions and Preservation of Customer Identity Data and Transaction Records (Revised Draft for Comment).

Article 2 These Measures shall apply to the following financial institutions legally established within the territory of People's Republic of China (PRC):

(1) Development financial institutions, policy banks, commercial banks, rural cooperative banks, rural credit cooperatives and village banks;

(2) Securities companies, futures companies and securities investment fund management companies.

(3) Insurance companies and insurance asset management companies;

(4) Trust companies, financial asset management companies, enterprise group finance companies, financial leasing companies, auto finance companies, consumer finance companies, money brokerage companies, loan companies and bank financing subsidiaries;

(five) other institutions engaged in financial business as determined and announced by the People's Bank of China in conjunction with the financial supervision and regulation institution of the State Council.