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Personal Call Deposit

Description

A deposit whose withdrawal is made upon a prior notice that specify the date and the amount of the withdrawal.

Features

•  Available notice period of 1 day and 7 days.

•  To withdraw, you shall produce a notice to the bank one day or seven days before, accordingly.

Notice

•  One-off deposit threshold of RMB 50,000.

•  No deposit period and interest rate is stipulated on the CD or other deposit certificate, but the words “call deposit” must be in place.

•  Two withdrawal modes are provided, one-off and in several times. The minimum withdrawal amount is RMB 50,000, and the retained money must be more than RMB 50,000.

•  If the retained money is less than RMB 50,000, the call deposit account shall be canceled. In this case, the interest of the retained money shall be calculated out according to the rate of demand savings on the settlement day, and the deposit will be converted into other type of deposit as per your request.