1 thought on “What is Yu Libao”

  1. I. Yu Libao is the same as Yu'ebao, which belongs to the category of currency funds. However, Yu Libao targeted the individuals, small and micro enterprises, and small and micro operators. The management of this type of cash has the characteristics of low risk and high liquidity. At present, Yu Libao's individual account can hold up to 10 million yuan, and the company's single account can reach 50 million yuan, but the T 1 operation is used in the redemption system.

    . The difference between Yu Libao and Yu'ebao:
    1, interest. Both Yu'ebao and Yu Libao are investing in currency funds. The interest is settled in the units of daily, but in 2018, Yu Libao's income was slightly higher than Yu'ebao.
    2, withdrawal. At present, Yu Libao's withdrawal is free. However, as long as Yu'ebao exceeds 20,000 quotas, the fee for withdrawal will be charged at 0.1%. You need to pay attention to this.
    3, convenience. Yu'ebao can buy it directly online, and you can choose Yu'ebao during shopping. And Yu Libao cannot be used directly for online shopping payment. It needs to be withdrawn or transferred to the balance.
    4, service object. Yu'ebao faced to ordinary users and registered the Alipay account at the same time. Yu Libao was jointly created by the Internet Merchants Bank and Tianhong Fund. For small and micro enterprises or operators, it is simply that Yu Libao faces the merchant; Yu Libao's application has a certain threshold.

    Yu Libao is a cash management product. It is a product jointly launched by the Internet Merchants Bank and Tianhong Fund. It is essentially similar to Yu'ebao. Yu Libao has the characteristics of low -risk and high liquidity and has been welcomed by many users. However, Yu Libao's group is individual, small and micro enterprises, and small and micro operators.

    The security of Yu Libao: Yu Libao's main investment targets are national debt, bank bonds and other products, which are low -risk funds. That is to say, Yu Libao is not only a low -risk fund, but also a banking business, but also the online merchant bank can also set up a face -to -face login, which is also very secure.

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