With the Industrial Bank's Intelligent Notice Deposit (Ease Fortune), the Bank's system will automatically select the most suitable deposit term type on behalf of the client, meaning that a term does not have to be preset in advance. In addition, gains that are made increase the principal and thereby allow clients to make continual gains on this basis. This service allows clients to maximize their gains with ease.

【Features】

Intelligent Deposit Term Selection

Intelligent Notice Deposit (Ease Fortune) does not require customers to preset the deposit term. The bank system will automatically and intelligently select the most suitable deposit term based on the deposit time. If the consecutive deposit period reaches or exceeds seven days, the “7-day notice deposit interest rate” will apply; if the consecutive deposit period is less than seven days, the “1-day notice deposit interest rate” will apply. With interest rates higher than that of current deposits, it helps customers manage their money and make gains with ease.

Compound Interest Gain Every 7 Days

After customers apply for the Intelligent Notice Deposit (Ease Fortune), if the balance of the current account is more than RMB 50,000, the portion in excess of RMB 50,000 in integral multiples of RMB 1,000 will be automatically transferred into the Intelligent Notice Deposit (Ease Fortune) account and the notice deposit interest rate will apply for this portion. In addition, the interest accruing from the Intelligent Notice Deposit (Ease Fortune) account will be automatically settled every seven days. Following this, the bank system will automatically transfer the interest and the usable portion from the current account in integral multiples of RMB 1,000 into the principal for interest accruement. Thus customers gain compound interest.

Enjoy the Convenience of a Current Account

If the balance in your current account is not enough to complete a transaction that you are making, such as cash withdrawal (over the counter, IB ATM or other ATM), a purchase at a POS,  a third party depository bank-securities transfer or credit card auto repayment (over the counter, telephone banking, online banking or at a securities company), the system will automatically search the Intelligent Notice Deposit (Ease Fortune) account in your card for funds and then initiate an automatic transfer to your current account to make up for the insufficiency. In addition, you can withdraw money according to regulations over the counter at IB branches and via telephone banking and online banking at any time.

【Service Application】

You can apply to open an Intelligent Notice Deposit (Ease Fortune) account at any Industrial Bank outlet with valid proof of identity and your IB Wealth Management Card. Alternatively, you can activate the service yourself via online banking, telephone banking and mobile phone banking.

【Example】

Mr. Chen has RMB 300,000 in his current account.

Without the Intelligent Notice Deposit (Ease Fortune), his annual interest gain from his current deposit is 300000*0.36%=1080 Yuan;

With the Intelligent Notice Deposit (Ease Fortune), his annual interest gain is 300000*[(1+1.35%/52)⁵²-1]=4076.93 Yuan;

Mr. Chen earns 3.77 times more interest after applying for the Intelligent Notice Deposit (Ease Fortune).

Please call the IB customer service hotline on 95561 for details.