Feature Introduction
The scope of Bank-Futures Business includes Bank-Futures Transfer and Options Spot Transfer.
Bank-Futures Transfer refers to the service provided by IB (hereinafter referred to as “the Bank”) as the account-opening bank for a futures company’s futures margin account and an investor’s bank settlement account. Through integration with the futures company’s system, a corresponding relationship between the investor’s bank settlement account and the futures fund account is established. Investors can issue fund transfer instructions through various channels provided by the Bank or the futures company, enabling directed and real-time fund transfers between the investor’s bank settlement account and the futures company’s futures margin account.
Options Spot Transfer refers to the service provided by the Bank through integration with the futures company’s system, establishing a corresponding relationship between the investor’s bank settlement account and the options spot fund account. Investors can issue fund transfer instructions through various channels provided by the Bank or the futures company, enabling directed and real-time fund transfers between the investor’s bank settlement account and the futures company’s securities spot fund account.
Service Highlights
1.Multi-Signing for a Single Account with Centralized Management
It supports customers to bind multiple fund accounts of the futures company to the same bank settlement account, enabling a centralized management of funds and accounts, and making it convenient for customers to trade with multiple futures brokerage firms.
2. Dual-End Signing and Transfer
Investors who have opened a bank settlement account can directly sign contracts with futures companies. The contract can also be signed through bank counters, online banking, and the IB Mobile Banking APP. Investors can initiate fund transfers through multiple channels, both on the futures company’s end and the Bank’s end.
3. Universal Deposits and Withdrawals with Remote Signing
Universal deposits and withdrawals are supported bank-wide, with funds instantly credited. Individual customer transactions are not restricted by geographical locations.
4. Attentive and Charge-Free Services
We adhere to the belief of “sincere service, accompanying growth” at Industrial Bank, and provide thoughtful and attentive services to our customers. We offer zero fees for fund transfers within the Bank.
5. Direct Access to Futures and Options with Multi-Currency Consolidation
“Futures-Securities Link” provides customers with real-time fund transfer services between futures and securities accounts, and the simultaneous bank-futures transfer for both RMB and foreign currencies is supported in foreign currency transfers within the same settlement account, catering to customers’ diversified financial needs.
6. Efficient and Reliable IT Operations
A highly efficient and reliable IT operations system and specialized service team have been established throughout the Bank, ensuring the secure and smooth operation of technical systems and guaranteeing the fund security of futures companies and clients.
Application Procedure
1.Individual investors should bring their ID cards, while institutional investors should bring the necessary institutional account opening documents to open an Industrial Bank wealth management card or a bank settlement account.
2. Investors can open futures and spot fund accounts by visiting futures companies or securities companies that have qualifications for introducing broker (IB) businesses.
3. After signing the Industrial Bank Bank-to-Futures Transfer Service Agreement (or Industrial Bank Stock Option Spot Fund Transfer Service Agreement) through banking channels (branch counters, online banking, IB Mobile Banking APP, bank-bank platform, bank-enterprise direct connection) or through futures company channels (branch counters or trading clients), investors can link their bank settlement account with futures fund account (or spot fund account).
4. Investors can transfer funds between a bank settlement account and a futures fund account (or spot fund account) through bank channels or futures company channels.
Service hours: The service hours for this business are from 8:00 to 16:00 on each trading day. For night trading, the hours are from 20:30 to 02:30 (specific trading hours may vary depending on the opening time of each futures company’s system). Please note that services related to this business are not available during national statutory holidays or when the futures exchange is closed.