Is BOC Salary Wallet safe?
Safety.
1. Compliance of BOC Salary Wallet BOC Salary Wallet is a currency fund issued by BOC Fund Company.
Monetary funds are invested and managed by fund companies, and the fund assets are managed by the fund custodian (usually a bank). It is a formal investment product like stocks and bank financial management. The products are compliant and legal, unlike P2P, which can easily run away.
2. The principal security of BOC Salary Wallet The currency risk of BOC Salary Wallet is relatively low, it is similar to Yu’e Bao.
The investment directions of monetary funds are mainly treasury bonds, central bank bills, bank agreement deposits, interbank certificates of deposit, and short-term interest rate bonds. These investment types are relatively safe and there is basically no problem with the principal.
3. The expected return safety of BOC Salary Wallet The seven-day annualized expected return rate of BOC Salary Wallet currency is 3.19%. This expected return is at a relatively high level among similar products.
Judging from the historical expected returns, BOC Salary Wallet's performance has always been excellent, and its expected returns are relatively stable.
Summary: BOC Salary Wallet is a relatively safe currency fund.
Although it does not support quick redemption, the expected rate of return is relatively high, and users who do not meet the expected returns of Yu'e Bao can consider it appropriately.
"4. P2P online lending is the abbreviation of online lending, including individual online lending and commercial online lending. P2P online lending refers to direct lending between individuals through the Internet platform. It is the first step in the Internet Finance (ITFIN) industry
Sub-category. The number of online loan platforms has grown rapidly in China in 2012. There are about 350 active ones so far, and the total number was 3,054 as of the end of April 2019. Leaders of the special rectification work on Internet financial risks.
The group and the Leading Group for the Special Rectification of Online Loan Risks jointly issued the "Notice on Strengthening the Construction of the Credit Information System in the P2P Online Lending Field" to support existing P2P online lending institutions in accessing the credit information system. The essence of Internet finance is still financial, and finance has not changed.
Risks are concealed, contagious, widespread and sudden. Strengthening Internet financial supervision is an inherent requirement to promote the healthy development of Internet finance. At the same time, Internet finance is a new thing and an emerging industry, and it is necessary to formulate appropriately relaxed regulatory policies.
Leave room and space for Internet financial innovation. Promote the healthy development of Internet finance and better serve the real economy by encouraging innovation and strengthening supervision. Internet financial supervision should follow the principles of "lawful supervision, appropriate supervision, classified supervision, and coordinated supervision."
In accordance with the principle of "innovative supervision", scientifically and rationally define the business boundaries and access conditions of each business format, implement regulatory responsibilities, clarify the risk bottom line, protect legitimate operations, and resolutely crack down on illegal and irregular behaviors. 5. Investment risks, qualifications, risks, online loans are different from financial institutions
, financial institutions are managed by "net capital". Both banks and trust companies must have their own registered capital. The registered capital can range from a few hundred million to a billion or even billions, and the registered capital is not used.
It is a kind of guarantee and a "threshold" to operate. However, due to the low threshold of online loan companies, the government has not yet issued guidance. Platform software can be purchased for several thousand to tens of thousands, and many of them are in private loan debt.
People who have a lot of money buy virtual borrowers and virtual mortgage items on the platform to attract investors to invest at high interest rates. The annual interest rate is generally at least 30%, and some platforms can manage risk P2P.
Online lending may seem simple, but it is actually a more complex model than banks and other financial institutions. P2P online lending is an emerging industry and an innovative model in the financial industry. Its development process has only been a few years, and the market has not reached maturity.
Many investors and borrowers do not treat this kind of financial product correctly, and just go for high returns, while those in need of funds rush to cash out. As the online loan company itself, because the original intention of opening it is only to make profits, its organization.
There is a lack of professional credit risk management personnel in the structure, and they do not have the knowledge and qualifications for loan risk management. Therefore, it is difficult to grasp and handle the problems that arise during the operation of the platform, resulting in a large number of bad debts, and ultimately the company has to go bankrupt.
For P2P online lending platforms, the flow of investors' funds is also crucial. Many online lending platforms not only do not use third-party fund management platforms, they can also use investors' funds. In particular, some online lending platform CEOs borrow a certain amount from the platform themselves.
Tens of millions of dollars are used for business operations and are self-borrowed for self-use. No one controls or assumes the risks. Behind them lies huge financial risks that can only fall on investors. This is why many platforms can run away.
s reason.