What's the difference between bank agreement deposit and agreement deposit?

1, for different objects. The object of bank agreement deposit is special funds such as insurance funds, social security funds or endowment insurance funds. The object of bank agreement deposit is not fixed, and any investor who meets the deposit requirements related to the investment amount can invest.

2. The deposit term is different. The deposit object of bank agreement is special, and the deposit period is usually long, usually several years. However, the term of agreement deposits is generally short, up to one year.

3. The interest rate is different. The agreed deposit interest rate is determined by both investors and banks through consultation. The agreed deposit interest rate consists of two parts, one is the time deposit interest rate and the other is the demand interest rate.

The functions of these two kinds of deposits are different. The funds of the agreement deposit can be withdrawn in advance, and the certificate of the agreement deposit can also be used as collateral for financing. Agreement deposit is only a kind of deposit and cannot be financed.