Question 2: What is a private banking customer? Private banking customers are customers of financial institutions (not limited to individuals) that provide services such as property investment and management for high net worth individuals.
The main services of private banks are asset management, investment planning, providing special services according to customers' needs, and saving tax and financial transaction costs for customers by setting up offshore companies and family trust funds.
Private banks refer to commercial banks or international financial institutions that sign investment and asset management contracts with specific customers on the basis of full communication and consultation, and customers entrust commercial banks to provide comprehensive entrusted investment services on behalf of their customers according to the investment plan, investment scope and investment methods agreed in the contract.
According to the service classification of western banking industry, the first category is public bank, which does not limit the scale of customer assets; The second category is VIP bank, with customer assets exceeding $654.38+million; The third category is private banks, which require customers' assets to be above $654.38+$0 million; The fourth category is the family financial office, which requires customers' assets to be above $80 million.
Question 3: What does it mean that wealth management products are only available to the evaluated private banking customers? Lingshi Finance:
The key lies in the word "private", which shows that this product is aimed at individual customers and its conditions are not suitable for corporate customers.
Question 4: What is ICBC's private banking service? Individual customers with personal financial assets of more than RMB 8 million (inclusive) and good credit in ICBC can become our private banking customers after full communication between the bank and customers, reaching an account opening intention and signing a private banking service agreement; If the personal financial assets of our bank are more than 5 million yuan (inclusive), you can apply for private banking to experience customers. The experience period is stipulated in the agreement and generally does not exceed one year. Features and Advantages The private banking business of China Industrial and Commercial Bank mainly provides personalized and professional wealth management services with asset management as the core and consultation as the focus. (1) Financial services deeply understand customers' needs and goals, make use of various financial tools, formulate personalized financial plans, achieve healthy and sustainable financial goals for individuals, families and enterprises, and provide exclusive remote entrustment services. (2) Asset management services manage financial assets with due diligence and prudence, provide customers with "Jingying Series" products exclusive to private banking customers, select suitable financial products worldwide, conduct diversified asset allocation, personalized product design and discretionary asset management, and realize the preservation and appreciation of customers' assets or specific goals. (III) Consulting Services Relying on ICBC's excellent team of industry experts and strong partners, it provides customers with all-round consulting services, including investment consulting, trust consulting, tax consulting, art appreciation consulting and professional consulting services. (4) Private value-added services provide personalized value-added services for customers and create high-quality private life, including children's financial education, business social activities, private business office services, private health arrangements, investment culture lectures, and fashion life arrangements. (5) Cross-border financial services rely on the advantages of ICBC Group and link with overseas branches of ICBC to provide you with cross-border financial consultation and arrangement, cross-border investment assistance and financial services for studying abroad. China Industrial and Commercial Bank's private banking service core team consists of senior managers, excellent wealth consultants and professional product experts. Among them, managers have rich experience in bank management; Wealth consultant has CFP/AFP qualification; Product experts come from domestic and overseas branches, covering banking, securities, funds, insurance, foreign exchange, trust, law and other professional fields. Hold professional certificates such as CPA/CFA/ lawyer's license, mainly engaged in exclusive product development and professional service support of private banks.
Question 5: What does the bank card mean by private bank? The summary of bank flow shows that there is no charge, that is, no charge. Bank running bill is commonly known as bank card deposit and withdrawal transaction statement, also known as bank account transaction statement. Refers to the list of deposit and withdrawal transactions between customers and banks within a period of time.
Question 6: What is the difference between private banking customers and high net worth customers? Hello, there is no difference. Private banking customers are private customers with rich assets or high income. Private banks have a high threshold, and their clients are not ordinary customers, but rich people in society or high-net-worth customers; High-net-worth customers are potential customers of private banks, which are quite different from ordinary retail customers in financial service requirements; I hope I can help you. If you are satisfied, please accept it. Thank you.
Question 7: What are the wealth management products of private banks? Private banks originated from a highly private financial service, which is specially provided for nobles and ladies. Private bank is a kind of banking service, which is specially for the rich and provides personal property investment and management for the rich. Generally speaking, they need to have liquid assets of at least 1 10,000 USD to apply for such services in larger international finance companies or banks. The main services of private banks are asset management, investment planning, providing special services according to customers' needs, and saving tax and financial transaction costs for customers by setting up offshore companies and family trust funds. This is a highly private service for the rich. It is necessary to tailor investment and wealth management products according to customers' needs, provide all-round investment and financing services for customers' investment enterprises, and provide education planning, immigration planning, reasonable tax avoidance, trust planning and other services for the rich and their families and children.
Question 8: What is a private bank and what does it include? Private banks do not refer to a commercial bank. Every commercial bank can classify customers whose assets reach a certain level as its own private bank. Large customers who enter private banks can enjoy one-on-one VIP wealth management, golf hot springs and other private banking services, and can also buy high-threshold but high-yield wealth management products specially designed by commercial banks for private banking customers. However, domestic commercial banks have different asset requirements for private banking customers. For example, Hang Seng Bank classifies customers with assets exceeding US$ 6.5438+0 million as private banks, while China Merchants Bank requires customers to have assets of RMB 6.5438+0 million.