
China Minsheng Bank Co., Ltd., a listed company, the direct bank of Minsheng Bank and the fund company cooperate with the fund company to complete the settlement service product of automatic subscription and redemption of money market funds for the current balance of the customer's electronic account, and it is a popular Internet financial product
Rooibos is a settlement service product for China Minsheng Bank's direct bank and fund companies to complete the automatic subscription and redemption of money market funds for the current balance of customers' electronic accounts. Rooibos now offers two products: Minsheng Jiayin Cash Money Market Fund (000371) and CUAM Cash Money Market Fund (000330).
Rooibos business is normally open for 7*24 hours per natural day, in case of national holidays, bank liquidation, etc., the business may be suspended, which will be subject to the announcement of Minsheng Bank and the fund company.
1. After the customer signs the contract of "Rooibos", the system will automatically initiate fund subscription transactions to the cooperative fund company in batches with the current balance in the bound electronic account.
2. There is no cumulative limit for transfer-in in a single day. Minsheng Bank and fund companies have the right to revise this limit.
3. Trading day: the normal trading day of the Shanghai Stock Exchange and the Shenzhen Stock Exchange.