Is the recent popular bill financing reliable?

If you mean bill financing, commercial banks transfer all kinds of discounted bills to funds and trust intermediaries at agreed interest rates, and trust intermediaries sell them to investors after packaging design.

Investors buy bill financing products, become the clients and beneficiaries of the financing plan, and get corresponding financing income at the same time. Simply put, banks use customers' funds to invest in various bill financing products.

The issuance scale of RMB bill wealth management products is limited by the source of commercial bills. Generally, the scale of each issue is small, and once the products are sold, they will generally be sold out in a short time. Investors should pay close attention to the information of various wealth management products released by banks in order to buy them at the first time. Investors with large funds can open VIP accounts in banks, and banks will generally give priority to meeting the needs of VIP customers.

Tips: The above information is for reference only.

Reply time: 202 1- 12-27. Please refer to the latest business changes announced by Ping An Bank in official website.