Introduction Features Target Client Service Channels Application Guide
The Personal Notice Deposit is a deposit product wherein the client is not required to specify the deposit term when depositing. However, withdrawals can only be made with prior notice to the bank, indicating the date and amount of the withdrawal. Despite the actual deposit term, Personal Notice Deposits fall into two categories: the one-day call deposit and the 7-day call deposit, in consistency with the term pre-noticed by the depositor. For the one-day call deposit, the withdrawal appointment should be made one day prior to the withdrawal date, and 7 days prior to the withdrawal date for the 7-day call deposit.
1.Convenient Withdrawal and Higher Returns: The deposit term is flexible, allowing for lump-sum deposits and multiple withdrawals, with an interest rate higher than that of a demand deposit.
2.Universal Withdrawal: Personal Notice Deposit facilitates both intra-city and inter-city exchanges within the IB system when withdrawn using a password.
The Personal Notice Deposit is ideal for individuals holding a large amount of cash and in need of frequent deposits and withdrawals.
1.Service Opening: IB branches, Personal Online Banking, and Industrial Bank Mobile Banking App
2.Withdrawal Service: IB branches, Personal Online Banking, and Industrial Bank Mobile Banking App
3.Inquiry Service: IB branches, Personal Online Banking, and Industrial Bank Mobile Banking App
1.Deposit Currency and Minimum Deposit Amount
50,000 RMB
2.Universal Withdrawal Rules
Password-protected withdrawals for the Personal Notice Deposit are supported at every IB branch, while non-password withdrawals must be processed at the account-opening branch.
3.Withdrawal Rules
Partial withdrawal appointments are supported, provided that the amount of a single withdrawal appointment exceeds 50,000 RMB. If the remaining balance in the call deposit account is expected to be less than 50,000 RMB after the partial withdrawal appointment, a full withdrawal is required.
Withdrawal appointments can be canceled or modified before the scheduled date of withdrawal. The system will automatically transfer the withdrawn amount to the client’s demand account based on the preset withdrawal amount and date.
Immediate withdrawals are supported without the need for a prior withdrawal appointment. In the event that the balance of the call deposit account is projected to be less than 50,000 RMB after a partial withdrawal appointment, a full withdrawal is necessary.
4.Calculation Rules of Interest Rate
The withdrawn amount shall be paid with interest calculated based on the call deposit interest rate prevailing on the actual withdrawal date.
For withdrawals made without a prior appointment, the withdrawn amount shall be paid with interest calculated based on the prevailing current interest rate on the withdrawal date.
5.Service Applications
Clients can visit any IB branch with a valid ID to apply for the call deposit service. If applying on behalf of another, the representative’s valid ID must also be presented.