China CITIC Bank’s automatic linked repayment agreement does not clearly state whether linked repayments and fund-type repayments can be activated at the same time. However, according to the announcement issued by SPDB AXA Fund in 2011, it can be inferred that CITIC Bank’s linked-type repayments and fund-type repayments can be activated at the same time.
It should be possible to activate them at the same time.
The company and China CITIC Bank jointly launched a new money fund credit card-related repayment business.
When CITIC Bank credit card customers subscribe to SPDB Monetary Fund, as long as this function is activated, they can enjoy the penultimate fund (redemption) opening day before the final repayment date of the credit card. When the balance of the debit account associated with the credit card is insufficient, it will automatically
Redeem money funds so that they are automatically repaid on the due date of your credit card.
If fixed investment in funds is activated at the same time, funds can be automatically purchased every month for monetary funds, and the funds can be automatically redeemed and repaid before the maturity date.
Industry insiders said that money funds were originally just cash management tools, but the opening of this innovative function allows money funds to have the same liquidity and payment functions as bank demand deposits. At the same time, the income is much higher than that of demand deposits, giving money a
The "cash-like" characteristics of the fund.
1. China CITIC Bank was established in 1987. It is one of the earliest emerging commercial banks established during China's reform and opening up. It is the first commercial bank in China to participate in domestic and foreign financial market financing. It is famous for repeatedly setting many firsts in China's modern financial history.
At home and abroad, it has made positive contributions to China's economic construction.
In April 2007, CITIC Bank was simultaneously listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange's A+H shares.
2. China CITIC Bank takes the development vision of becoming the best comprehensive financial service provider that is “responsible, warm, distinctive and valuable”, gives full play to the advantages of CITIC Group’s “financial + industrial” comprehensive platform, and adheres to the “customer-oriented” approach.
"Respect, reform promotion, technology development, light development, compliance operation, talent enforcement", providing corporate banking business, international business, financial market business, institutional business, investment banking business, transaction banking business, custody to corporate customers and institutional customers
Business and other comprehensive financial solutions, providing individual customers with diversified financial products and services such as retail banking, credit cards, consumer finance, wealth management, private banking, overseas finance, e-banking, etc., to fully meet the comprehensive financial needs of corporate, institutional and individual customers.
service requirements.