Personal agreement deposits are basically safe. Agreement deposit refers to the deposit business that banks and other financial institutions handle for a certain period of time by signing relevant agreements with individuals or units according to Chinese laws. Agreement deposit business is mainly set up for some funds with large amount of funds and long term, including insurance funds and endowment insurance funds. Personal agreement deposit actually belongs to the personal savings business in the bank, and the specific agreement signed is formulated by the bank.

Brief introduction of agreed deposit

There are two basic types of agreement deposits, one is the agreement deposits of insurance companies, and the other is the agreement deposits of social security funds. Among them, the minimum initial deposit of an insurance company's agreement deposit is 30 million yuan, which requires one-time deposit and later withdrawal, while the minimum initial deposit of an agreement deposit of a social security fund is 500 million yuan, with a deposit period of more than 5 years, excluding 5 years. Under normal circumstances, institutions that sign large-sum agreement deposits will receive one-time interest paid by banks, and of course they also need to pay certain handling fees and agency fees.