China Merchants Fund's account opening transactions through the above two systems mainly have the following differences: (1) The settlement bank accounts are different: to use China Merchants Bank's Yinjitong, you must use China Merchants Bank's card; The use of China Merchants Fund is not limited to China Merchants Bank Card, but only the bank account of the designated affiliated bank; (2) Different service functions: Yinjitong using China Merchants Bank can only provide basic transactions such as subscription and redemption conversion; The use of China Merchants Fund can also provide unique trading and service functions such as regular transfer and profit and loss early warning.