Let's take a look at the definition of ICBC's rich products:

"ICBC Jufu" is a low-risk, high-liquidity account management service jointly developed by Industrial and Commercial Bank of China and ICBC Credit Suisse Bank Fund Company, and invested in ICBC Credit Suisse Bank Monetary Fund.

As can be seen from the definition, this product is not a deposit product, but a non-guaranteed product with low risk.

"ICBC Jufu" has the following characteristics

1 and 1 yuan;

Real-time redemption within 2.7×24 hours (if the accumulated redemption amount of a single natural day in Shenzhen exceeds 6,543,800 yuan, the redemption funds will be received on the next working day);

3. There is no charge for subscription and redemption;

4. There is no upper limit for the amount (the upper limit for a single household in Shanxi is 30 million yuan);

5. Only branches in Shanxi, Zhejiang, Shanghai, Jiangsu, Henan, Jiangxi and Shenzhen are opened, and the regulations of Jiangxi Branch are different.

References:

China Industrial and Commercial Bank official website-Xiao Zhi