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What does a trust company do?

trust deposits, trust loans, trust investments, property trusts, etc.

A trust company is a financial institution, but unlike a bank, it cannot accept deposits. Trust companies can raise funds by setting up some trust plans, and then invest the raised funds in some industrial and agricultural construction projects (such as railway construction projects and real estate construction projects).

investors can sign a trust plan contract with the trust company and give the trust company some funds (such as 1 million yuan) to invest in real estate trust plan projects. How much interest the trust company promises and how long it will take to return the principal. At that time, the trust company will directly transfer the principal and interest to the investor's bank account.

Precautions for a company to set up a trust

The trustee actually has the right to manage the trust property, and its position is very important. The beneficiary of a trust contract can be the principal himself (self-interested trust), or the principal can designate someone other than himself to enjoy all the benefits (altruistic trust). ), or partly for their own interests and partly for other interests;

trust property is legally independent. After the trust purpose is established, appropriate trust products should be selected to realize the trust purpose.

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