Corporate Foreign Currency Term Deposit

Definition: Foreign Currency Term Deposit is a way of depositing in which the corporate customer specifies the deposit period with the Bank when they deposit money in foreign currency, and the Bank will calculate and pay the interest according to the interest rate agreed on the deposit date when the deposit is withdrawn upon maturity.

Foreign Currency Term Deposit includes a small amount Foreign Currency Term Deposit and a large amount Foreign Currency Term Deposit according to the amount of a single deposit.

1. Small amount Foreign Currency Term Deposit refers to the term deposit with the minimum deposit amount of less than 3 million USD.

2. Large amount Foreign Currency Term Deposit refers to the term deposit with the single minimum deposit amount of more than 3 million (inclusive) USD.

Deposit Currency: USD

Term: 1 month, 3 months, 6 months, 1 year, 2 years

Interest Rates: The interest of a small amount Foreign Currency Term Deposit is calculated, according to the interest rate of the corresponding level announced by the Bank.

The interest for a large amount Foreign Currency Term Deposit is calculated, according to the interest rate agreed by the Bank and customer.

Minimum Deposit Amount: Small Foreign Currency Term Deposit: USD 200

                                                Large amount Foreign Currency Term Deposit: USD 3 million

Withdrawal Methods:

1. Withdraw in full amount upon maturity and settle the principal and interest at one time according to the specified interest rate.

2. If full withdrawal is conducted in advance, the Bank will calculate and pay the interest, according to the current deposit interest rate announced on the withdrawal date.

3. If partial withdrawal is conducted in advance and the remaining term deposit is not less than the minimum deposit, the interest for the withdrawn part will be calculated and paid according to the current deposit interest rate announced on the withdrawal date, and the remaining term deposit will be calculated, according to the original interest rate and term. If the remaining term deposit is less than the minimum deposit, the interest will be calculated and paid, according to the current deposit interest rate announced on the withdrawal date, and the term deposit will be cleared.

4. Partial or full withdrawal in advance is conducted for only one time.