Business Description
Savings government bonds (electronic) refer to the non-negotiable RMB government bonds issued by the Ministry of Finance within the territory of the People’s Republic of China, sold to individuals through the members of the underwriting syndicate, and electronically recorded creditor’s rights.
Savings treasury bonds (electronically) record claims electronically, and implement secondary custody of China Central Depository & Clearing Co., Ltd. and agency banks. Interest payment and redemption are all automatically completed by the system, making investors safer and more convenient for investment. Savings treasury bonds (electronic) can be redeemed in advance, non-transactional transfer, and pledged loans.
Customers who want to open a savings bond (electronic) business in ICBC need to open a bond custody account in ICBC to register the savings bond (electronic) claims held by the customer. At the same time, it is necessary to designate a personal current settlement account opened in ICBC as a fund clearing account to clear funds related to the savings treasury bond (electronic) business.
Applicable Objects
Savings treasury bonds (electronic) are suitable for individual customers who wish to obtain stable bond interest income by holding to maturity.
Purchase channels and time
Customers can purchase through the counter of ICBC outlets or personal online banking; savings bonds (electronic) must be purchased during the issuance period (usually 8:30-16:30 every day during the issuance period, and the specific subscription time is subject to the Ministry of Finance). and the provisions of the issuance documents of the People’s Bank of China shall prevail).
Procedure
(1) Opening an account Opening an account
over the counter: The customer can go to the ICBC Agency Savings Treasury Bond (Electronic) business outlet with his valid certificate, fill in the “Bond Account Business Application Form” and open a bond custody account
through “Online Bonds -> Savings Government Bonds -> My Savings Government Bonds”.
Reminder: When customers open a bond custody account through online (2) Subscription banking, they must have opened the personal online banking function through the counter in the fund settlement account to be designated in advance.
over the counter: The customer presents his valid ID certificate, bond custody account book, or the designated fund settlement account when opening the account, and goes to the business outlet where ICBC saves treasury bonds (electronically), fills in the “Bond Transaction Voucher” ” and handles the transaction. Subscription business.
Online Banking Subscription: Customers can submit a subscription application under the Savings Treasury Bonds (Electronic) menu of the Online Treasury Bonds column through online banking.
Reminder: When a customer submits a subscription application through online banking, he or she must have opened the personal online banking function through the counter in the fund settlement account designated when opening the bond custody account in advance.
Operating procedures
Features and advantages
1. All ICBC outlets that offer personal business can handle savings and treasury bonds (electronically) related business, with advanced systems, convenient purchase, and accurate creditor’s rights registration; at the same time, it also adopts electronic banking password cards, ICBC electronic password devices and other security media Authentication means to ensure the security of your treasury bond shares and transaction details.
2. ICBC’s savings treasury bond (electronic) business supports the nationwide purchase and exchange, and the transaction fee in different places is exempted.
3. ICBC telephone banking inquiry supports national roaming and remote inquiries, and you can inquire about remote accounts by dialing the local 95588.
Matters needing attention
1. Each issue of savings bonds (electronic) is issued in a limited amount, on a first-come, first-served basis, while stocks last.
2. Customers can only open one bond custody account in ICBC. Customers who have opened a book-entry over-the-counter treasury bond custody account or a savings treasury bond (electronic) custody account with ICBC can directly trade savings treasury bonds (electronically) without opening an account again.
3. ICBC agency outlets do not accept cash when individual investors apply to subscribe for savings treasury bonds (electronically).
4. According to the relevant requirements of the Ministry of Finance and the People’s Bank of China, online banking is only allowed to handle the account opening, subscription, inquiry, and other businesses of savings treasury bonds (electronic), early redemption, pledge loan, non-transaction transfer, change of fund settlement account, etc. Business must be done over the counter.
5. ICBC provides customers with a high-risk information confirmation method through online banking savings treasury bond (electronic) transactions, and it is up to the customer to decide whether to use it, that is, the customer can choose whether to use U-shield, electronic password device, etc. to carry out savings treasury bonds (electronic) transactions.
The content of this page is for reference only, and part of the content is subject to the announcement and specific regulations of the local branch.
