Accidentally opened the online merchant bank, what is the impact of opening the online merchant bank?

Alipay APP provides online banking access. Many investors have inadvertently opened online banking, and they don't know much about online banking and don't know the role of opening online banking. Then let's learn about the impact of opening online banking with us.

1, nature of online merchant bank

The online merchant bank, namely Zhejiang online merchant bank, was established with the approval of China Banking Regulatory Commission, and is one of the first private banks in China.

Private banks are gradually emerging in recent years. Compared with state-owned banks and joint-stock banks, private banks are initiated by private capital and private enterprises are controlling shareholders.

The online merchant bank was jointly established by private enterprises such as Ant Financial Services and Wanxiang Sannong Group, among which Ant Financial Services holds 30% of the shares.

Therefore, the online merchant bank is also a regular bank, but its operation mode is mainly based on the Internet. Except for the Head Office, no other entity branches have been established.

2. Advantages of opening online commercial banks

After opening the online merchant bank, you can directly purchase the deposits and wealth management products issued by the bank, and there is no handling fee for the online merchant bank to transfer in and out.

Judging from the deposit interest rate, the lump-sum deposit and withdrawal interest rate of online banking is 1% for one year, 2.94% for two years and 3.85% for three years. Compared with large banks, this deposit rate is more advantageous.

3. The disadvantages of opening an online merchant bank

In addition to deposit business, online merchant banks also provide credit business, which may increase the probability of investors applying for loans after opening.

Generally speaking, if you accidentally open an online merchant bank and you don't need it, forget it. Online merchant banks don't charge annual fees. If you are not at ease, you can also contact the manual customer service to cancel your account.

What is the impact of opening an online merchant bank? I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.