Why did Xingyebao stop buying

Xingyebao is a money fund product launched by Industrial Bank. The first partner of Xingyebao is Dacheng Fund, and the initial product name of Xingyebao is Xingyebao (Industrial Currency). However, many users found that at present, Industrial Bank has no Xingyebao (Industrial Currency) products.

according to the official announcement issued by industrial bank, industrial bank has suspended xingyebao (industrial currency) products since November 16, 217. after the suspension, the products can no longer be used for deposit, withdrawal, inquiry and other services. But why did Industrial Bank suspend the original Xingyebao products?

According to the announcement, Industrial Bank suspended the Xingyebao (Xingye Currency) product and added a Xingyebao (Xingye Steady Tianying) product, which directly replaced the original Xingyebao product. The docking fund of Xingyebao (Xingye Steady Tianying) products is entrusted to Xingye Steady Tianying Monetary Fund.

where to buy xingyebao

xingyebao is a money fund product. Although any investment and financial management has certain risks, compared with stock funds, hybrid funds, securities and other financial management products, the money fund has less risks and is more suitable for stable investors to invest. So if investors want to invest through Xingyebao, what exactly do they need to do?

First of all, the entrance of Xingyebao is displayed in the first place of Industrial Bank's direct banking, and users can find it through the computer or mobile terminal. After finding the entrance of Xingyebao, click Enter directly, and click Save to fill in your personal information and bank card information as required. After filling in and submitting as required, you can purchase Xingyebao products.

xingyebao products are purchased at a penny, and the deposit in a single online transaction is 5 million yuan, and the upper limit of the day is also 5 million yuan. After the user deposits, it can support T+ withdrawal, and the online withdrawal on the day of withdrawal is 2, yuan.

What is the income of Xingyebao

Monetary fund products generally have no fixed income quota, which will change according to market changes. Ordinary users can log in to Industrial Bank to see the seven-day annualized rate of return of Xingyebao, and also view the historical annualized rate of return. At present, the annualized rate of return of Xingyebao is about 3% on average.

after ordinary users deposit, xingyebao will settle the interest for users according to the daily rate of return, and the interest of the income of the day can be directly transferred to the principal of the next day for interest calculation.