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FI Deposit Service

-Negotiated Deposit

Negotiated Deposit is a kind of RMB deposit in which commercial banks, according to the regulations of the People's Bank of China or the China Banking and Insurance Regulatory Commission, provide a special deposit to some Chinese-funded funds with a special nature such as an insurance fund, a social insurance fund or a pension insurance fund with a long- term, large initial amount and negotiable interest rate, term, interest settlement, payment modes, default penalty, etc. The deposit can be used as a long-term source of funds for deposit-based financial institutions, which is not treated as an interbank deposit and should be included in the loan-to-deposit ratio indicator. The negotiated deposit cannot be withdrawn in advance, and the negotiated deposit certificate can be used as financing collateral.

FI Finance Service

Transfer Bank/Corporate

Acceptance Draft Discounting

Transfer Bank/Corporate Acceptance Draft Discounting

Transfer Bank/Corporate Acceptance Draft Discounting refers to a business in which the Bank, who have provided a Bank/ Corporate Acceptance Draft Discounting to their customers, transfers its discounted and undue drafts to the Bank to obtain the funds.

Business scope: Discounted and undue e-Bank Acceptance Draft and e-Commercial Acceptance Drafts

Term of Bill: Not more than 1 year

FI Trade Refinance