In the financial sphere, there are many opportunitiesfor investing own funds. Each bank offers its own programs. Not so long ago, a new opportunity appeared - deposits in RMB. The Chinese currency was previously "closed" because it was under the protection of Beijing. But now every person can invest in yuan.
Banks offer different programs that havetheir conditions. Although the accounts in RMB in Russia are not very popular, many organizations offer their design. According to experts, such deposits can be profitable, if you know some of the subtleties.
Features of deposits
Are the deposits in RMB profitable? Experts believe that such investments are considered a successful diversification move. There are several factors, due to which you can safely open an account in the currency of China:
- the RMB exchange rate is unlikely to drop, this is confirmed by quotes;
- there is a possibility that the yuan will grow;
- the Chinese currency is considered an excellent way to diversify investment.
Experts believe that the chances of a fall from thisthe currencies are low. The reason for this is the underestimation of the renminbi. China has long maintained the growth of the currency for exports. Perhaps in the future it will grow, which will positively affect the country's economy. Production of many states is developing in China.
Experts believe that if we take into accountthe purchasing power of the US and China, then the latter may be ahead of America in a few years. Deposits in RMB are considered a win-win option. To keep money in this currency is profitable. The risk related to deposits in RMB is that the asset may not change for some time.
Risks
Yuan is a new currency for investment,therefore there are some risks. These include the omission of other, profitable investment opportunities. Although China's economy is developing, nevertheless, in the near future the RMB rate will not grow. There is a risk that, in the future, Beijing will prohibit the transfer of its currency into dollars, but this is unlikely.
Чтобы не прогадать, следует взвесить преимущества and shortcomings of the currency. It is also necessary to choose an organization and a suitable program, through which investment will be beneficial. Based on this, the client will be able to decide whether it is worth keeping money in Chinese renminbi.
Bank offers
In Russia, the Chinese currency in banks only began to be used. Not all organizations open deposits in RMB. Only some institutions are ready to offer such programs. They include:
- CJSC BBR Bank;
- OJSC Bank Zenit;
- OJSC "Interregional Commercial Bank for Communications and Informatics Development";
- ZAO AKB Gazbank.
The stakes are not as high as we would likecustomers. They are from 0.05 to 2.75%. But you need to consider that there is a possibility of profit on the exchange rate difference. And the exchange rate to the ruble as of February 27, 2017 is 8.36.
Sberbank's offer
According to economists, Russia's cooperationand China will develop. Therefore, deposits in RMB at Sberbank will be a necessity. Making them, you can not worry about converting at a bad exchange rate. You need to open an account for those citizens who use both currencies.
Sberbank does not make savings accounts inyuan. You can only open a simple account used for payments and transfers. Deposits are divided into "universal" and "on demand". Each program has its own characteristics.
Terms of deposits
Deposits in yuan for individuals are opened for up to 5 years, but they can be renewed. The bet on the account is 0.1%. To open a deposit, you need $ 5.
The client can contribute funds, as well as withdraw them.But the minimum should always be on the account. The "on demand" deposit opens with similar terms, only it is unlimited, so it can be used constantly.
What is needed?
To open a deposit, you must provide the following documents:
- passport;
- statement;
- questionnaire.
With the opening of an account a contract is signed, afterwhich money is credited. To open a deposit, the client must have a Chinese currency. But everything is simple - you just need to replenish your account in rubles, which will be transferred to the yuan.
Do I buy currency for investment?
Although China's economy has developed, yetthe currency is weak to be considered global. According to experts, the yuan will be in demand not in the near future, but in the future. Therefore, it is more profitable to put funds for a long period, which is necessarily justified. But for short-term investments it is better not to open deposits.
Account in a Chinese bank
To open an account with a Chinese bank, you needmobile phone, passport and 15 yuan. Also need to issue 2 documents. The first one indicates the passport data and telephone number, as well as the type of activity. The second document includes information about the passport. They must necessarily be signed.
Then the customer deposits 15 yuan and receives a card that is valid for 10 years. This banking product allows you to work with online banking in China. The activation procedure is not needed.
Profitable deposits
Yuan is considered an exotic currency in Russia.In VTB 24, the bank "Zenith", "Promsvyazbank" you can open deposits, the rate of which is within 2-3%. Open accounts better for a long-term period, so that there is a prospect of gaining profit.
Thus, deposits in Chinese currency are profitable,if they are opened for a long-term period. Before making an account, you need to familiarize yourself with the programs of several banks, and then choose the appropriate conditions. An attentive approach in this case ensures the further receipt of a good income.
