Generally speaking, bank consignment products are financial products of other financial institutions that are "sold" by banks, and they are a marketing method to obtain intermediate expenses, such as bank consignment of Public Offering of Fund, insurance and trust products. Banks are only "agents" and do not undertake product management and payment.
How to distinguish the quality of bank wealth management products;
1, ask about the product category and distinguish it from the category. In terms of product categories, under normal circumstances, most wealth management products belong to self-operated products of banks, while insurance, funds, trusts and asset management products belong to consignment products.
2. Read the product description clearly and pay special attention to distinguish it from the issuer. If you find the information of the manager or issuer of wealth management products from the product manual, you can know at a glance whether it belongs to the bank's own products.
3. Check the purchase requirements and distinguish them from the name and starting point. Judging from the product name, if it is a bank's own product, it will generally be titled "a wealth management product of a bank" and numbered in sequence; The products on consignment will not be named after the bank. From the starting point of purchase, such as the current consignment products, such as trust and special account financing (no guaranteed income), the starting point of purchase is usually above 1 10,000.
4. Pay attention to the investment contract and distinguish it from the seal. Pay attention to the seal on the investment contract. If it is a bank's own product, the investment contract of the product is stamped with the official seal of the bank; The bank sells products on a commission basis, and the product investment contract is stamped with the official seal of the wealth management issuer.
5, access to information bulletin, distinguish the classification. The wealth management products issued by banks need to be reported to China Banking Association, and relevant information can be publicly inquired on the website of China Banking Association. Some banks will publish the catalogue of investment and wealth management products in official website, so as to clearly see whether the products are the bank's own products or consignment products.
6. Inquire about bank online banking and distinguish by sector. Some banks have a transfer section in the interface of online banking wealth management products. If it is a transferable wealth management product, it is generally the bank's own product.