Deposit

Call Deposit
 
Call Deposit

Call Deposit

  • Definition: Entity Call Deposit is one of deposit business in which entity customer places deposit into the bank without fixing the term, but fixing the notice term (1-day notice or 7-day notice) for withdrawal, withdrawal may be made by advance notice to the bank in accordance with the fixed notice term that withdrawal date and amount are set forth.
  • Deposit Currency: RMB, USD
  • Term: RMB 1-day call deposit 7-day call deposit USD 7-day call deposit
  • Interest Rate: Interest rate is calculated at relevant interest rate and based on actual initial deposit for interest calculation announced by the Bank on the withdrawal date.
  • Minimum Initial Deposit:

     - RMB 500,000

     - USD 50,000 or equivalent foreign currency