The current "structured deposits" of various banks, are they bank deposits or bank financial products?

Structured deposits are deposits with financial management functions. Maybe this explanation will be more accurate. Structured deposits are a form of bank deposits, but they are structurally embedded in financial management products, which gives this deposit method another function, which is financial management.

The biggest advantage of deposits is principal protection, but this capital guarantee still needs to consider the amount of the deposit. If the sum of the principal and interest of the deposit exceeds 500,000, it may not be safe. The purpose of structured deposits is definitely to obtain higher returns, so they also need to bear certain risks. Financial products linked to structured deposits may be futures, stocks, funds, bonds, etc. The higher the risk, the higher the return.

In addition, with the popularity of some online payment platforms such as Alipay and WeChat, people use cash and bank transfers to settle transactions less and less. The traditional business of banks has been greatly affected. impact. In order to survive, banks are increasingly involved in intermediary business to earn more profits. Recently, the yield rate of Yu'ebao has dropped significantly, and many people have discovered that the new financial product launched by the bank - structured deposits, has a high yield, so they have purchased it one after another. Everyone thinks that bank structured deposits are ordinary deposits. After all, there are two words "deposit" in them. But that would be a subjective mistake. Bank structured deposits are really not deposits, but a financial management product.

According to the current popular saying, bank structured deposit is a value-added and value-preserving financial product that combines the bank's traditional financial management business with interest rates and exchange rates. Its essence is to combine traditional bank deposits and financial derivatives, that is, "ordinary deposits" + "options". It can be divided into two parts. One part of the funds is the same as traditional bank deposits, and the principal is repaid upon maturity, and the other part is Funds are invested in the financial derivatives market, and the income depends on the operation of financial derivatives. Either the income is high or the loss is large. As we all know, financial derivatives, options and futures are very risky, so ordinary people should be cautious when buying them. They are generally suitable for investors with risk preferences, strong risk resistance, and strong economic strength.

Summary: Personal suggestion, if you see a high interest rate on structured deposits and are tempted, you must pay attention to the fact that this is the expected rate of return, so you must consider its minimum rate of return and pay attention to it. Risks: Don’t buy on impulse after hearing the various benefits mentioned by bank salesmen, only to end up with a total loss.