Third-party oversight should be larger than hosting

One of the hottest categories in the field of Internet finance is P2P. However, the parallel phenomenon of peer-to-peer P2P platforms has triggered market worries. It seems that when the industry plunged into credit, many P2P platforms recently announced the signing of a so-called "fund custody agreement" with Ping An Bank. Is the bank's steady and credible image really giving credit to P2P platforms?

According to a survey by the Beijing Times reporter, Ping An Bank did not conduct any similar business. Even the China Merchants Bank, which has already started a similar hosting business, is only prepared for risk reserve. Therefore, investors should not blindly believe in investing in the P2P platform. After careful selection.

Bank hosting P2P funds?

P2P network loans in the development of high-yield and easy operation has always been an important factor to attract investors, while the convenience of loss under the safety of investors are worried about the P2P platform for the risk events are difficult to trace, and the middle of funds Lack of supervision of the account is not unrelated.

According to the Beijing Times reporter learned that there have been many P2P network credit platform in order to increase the risk of means of isolation, the funds are entrusted to remit the world and other third-party payment platform, there are many P2P network credit platform said that if the bank can provide hosting, will Will give better protection of funds. Recently, a number of peer-to-peer P2P lending platforms have signed a "fund custody agreement" with Ping An Bank. There appears to be a new dawn in the hosting of P2P lending funds.

Beijing Times reporter learned from many sources that since April this year, Ping An Bank has signed strategic cooperation agreements with several P2P platforms in Shenzhen and Guangzhou, becoming a new P2P fund custody system users of the bank.

According to the company's official website information, after signing the contract, the micro-credit net investor funds account will be managed by Ping An Bank to take practical actions to protect the safety of investors' funds.

Besides Ping An Bank, there is also Merchants Bank, which has hosting cooperation with P2P, and Renren has previously announced the signing of a custody agreement with China Merchants Bank. Reporters learned from China Merchants Bank, Shanghai Branch of China Merchants Bank, the company's risk reserve fund account for serious and independent trusteeship, the actual flow of funds reserved for the risk of the situation out of escrow monthly report issued.

Beautiful misunderstanding

P2P network loan funds managed business has always been a third-party payment accounted for the majority. For example, the introduction of the first domestic third party P2P hosting account system is to remit payment to the world. Remittance to the world financial institutions, assistant general manager Zhong Hongbo recently said in an interview: "The establishment of third-party platform for fund trusteeship mechanism to ensure that the P2P platform can return to the nature of the intermediary."

By contrast, banks have been cautious in providing fund trusteeship and payment settlements for net lending companies. In this context, Ping An Bank and China Merchants Bank's move seems to allow P2P platform funds managed to see the dawn of the Fund, but according to the Beijing Times reporter learned that banks are still more concerns in this regard, not as P2P companies claim that optimism.

Ping An Bank told Beijing Times that as of now, Ping An Bank is still in the research and development stage of the fund settlement service mode in this business area and has not provided capital settlement and liquidation services to any P2P lending platform nor to any P2P network Credit platform to achieve platform trading system and bank settlement service system docking. Follow-up cooperation, Ping An Bank hopes to give full play to the bank's experience and advantages in fund trusteeship, mainly in the isolation platform to directly operate the investment and financing funds, emphasize the funds clearing and clearing services may occur in the process of risk control node to ensure a clear flow of funds And trackable.

According to the introduction of China Merchants Bank, "RenRai" "risk reserve account" is a separate account in the name of the company set up a special account. "Everyone Loan" receives a certain percentage of the service fee from each loan on the platform as a risk reserve. Its purpose is that once a bad debt occurs on the platform, the "Renren" website will automatically be prepayed through the risk reserve, which in fact forms a risk-sharing mechanism.

Third-party oversight should be larger than hosting

Reporters learned in the interview, at present, most of our P2P network loan platform is to cooperate with the security company, there are some network loan platform in cooperation with the security company, based on the funds entrusted to third-party payment companies, such as building blocks box , Silver customer network, the third way is to cooperate with the bank, but this approach does not involve all fund custody.

More stringent regulation is undoubtedly the future direction of P2P development, for investors, from the perspective of ensuring the safety of funds, the platform to choose third-party funds hosting mode is particularly important. Silver guest network president Lin Enmin told the Beijing Times reporter, the advantage of capital trusteeship is that funds run within the third-party payment hosting system, without going through the platform, so as to avoid the risk of misappropriation of funds by the platform platform.

"As a P2P company, in fact, we very much hope that the funds can be managed at the bank, but banks are not really P2P to do the hosting business." A P2P industry told Beijing Times Times reporter, and for the People's Bank of China Merchants Bank loan preparation Gold custody business, the above said, "hosting gimmicks meaning of meaning is greater than the real effect, because the risk of reserve funds accounted for only a small part of the platform transaction volume, there are fraudulent P2P platforms are carrying funds to flee the transaction volume, so the risk Stand-in supervision can not solve the real problem. "

Du Xiaoshan, chairman of China Microfinance Alliance, said he is optimistic about bank regulation of P2P funds. He pointed out that placing investors' funds in banks and supervising them by banks will prompt the P2P industry in China to move in a good direction. "It should be a platform plus a bank or a third party service agency to provide lending services to both lenders and borrowers rather than the platform plus the services of lenders and borrowers."

>> Little knowledge

The meaning of the fund custody is that the fund flow runs on the escrow company of a third party without passing through the platform bank account so as to avoid risks to both parties to the transaction due to mismanagement of funds by the platform.

Beijing Times reporter Ma Wenting