Is the deposit of Kunshan Rural Commercial Bank guaranteed?
Yes Rural commercial banks do have guaranteed deposits. Rural commercial banks are financial institutions protected by the state, and users who deposit in rural commercial banks will enjoy deposit insurance and insurance compensation. Kunshan, located in the southeast of Jiangsu Province, is a county-level city under the jurisdiction of Suzhou. Kunshan is located between Shanghai and Suzhou, with Changshu and Taicang in the north and northeast, and Jiading and Qingpu in Shanghai in the east.