Jingdong Small Treasury is a currency fund product from JD Finance. The funds deposited in the small vault can not only enjoy the expected income of the currency fund, but also allow users to open IOUs.

So what does it mean to issue IOUs when depositing money into a small vault on Jingdong? Is it cost-effective to issue IOUs when depositing money into a small vault?

1. What does it mean to open an IOU in Jingdong Xiaojintong? 1. What is Jingdong Xiaojindong? The funds that users deposit into the small vault are actually purchasing a currency fund. By default, new users who deposit into the small vault purchase China Life Security-Insurance Fund.

Campbell Money Fund.

However, the funds in the small vault can also be used for payment at any time, including purchasing financial products, funds, gold, etc., as well as opening and repaying IOUs.

2. What is JD Baitiao? Baitiao is a payment method on JD.com that consumes first and pays later. Its model is similar to Alipay Huabei.

However, the usage scenarios of JD Baitiao are different. It is mainly supported on JD.com’s self-operated websites, No. 1 stores and other places.

JD Baitiao is the same as Huabei. Users cannot actively apply. The system determines whether to activate based on the user's creditworthiness.

Opening IOUs in Jingdong's small treasury depository is a way for users to activate IITs provided by JD.com. Users can get the opportunity to apply for opening IITs by depositing a certain amount of funds into their small treasury account.

The amount of funds deposited must be the same as the amount of the white note, that is, when the amount of the white note is 1,000 yuan, the amount deposited in the small gold deposit cannot be less than 1,000 yuan.

However, depositing money in the small vault can only give you the opportunity to activate the white ticket. Whether the final activation can be successful still needs to wait for system review. This means that when the system determines that the user's credit is not high, even if the small vault has money, it will not be able to activate the white ticket.

2. Is it cost-effective to open IOUs in Jingdong's small vault? When opening IOUs, the amount deposited in the small vault will be temporarily frozen. From the perspective of overdraft consumption, the advantage of opening IOUs in a small vault is not outstanding, because the amount of overdraft means that the small vault

How much must be deposited.

However, although the frozen funds cannot be used, it does not affect the expected returns generated by the monetary fund. Its function is similar to Alipay reserve funds, which can be borrowed in the short term to obtain expected returns from small investments.

The above content about what it means to open an IOU in Jingdong’s small vault, I hope it will be helpful to everyone.

Warm reminder, financial management is risky, so investment needs to be cautious.