First, he wants to open an account. The fact of opening an account is that we opened a fund settlement account for him as a bank account for his subscription of funds. If he buys a fund with a price of 10000 yuan, the funds will first be collected into the special account for fund sales settlement opened by the sales platform supervision bank, temporarily stored in the account, and then transferred to the special account of the fund company custodian bank.
In the capital flow of public offering and sales, sales organizations cannot touch funds or misappropriate funds.
Regarding the custodian bank of funds, the Administrative Measures for the Custody of Securities Investment Funds (hereinafter referred to as the Administrative Measures) clearly stipulates that fund custodians need to perform the duties of safe custody of fund property, clearing and delivery, rechecking and checking the net asset value, supervising fund investment, and convening a meeting of fund share holders. It can be seen here that the custodian bank is not only as simple as keeping money, but also has the obligation of investment supervision. How to invest? Is it reasonable? Ask the bank to conduct a review.