Log on to...
Home > Corporate > Deposit > Corporate Foreign Exchange Call Deposit

Corporate Foreign Exchange Call Deposit

Overview
The Corporate Foreign Exchange Call Deposit is a flexible-term foreign exchange ("forex") deposit by domestic entities or foreign institutions in China which is withdrawn upon a prior notice to ABC that specifies the date and amount of withdrawal.
The Corporate Foreign Currency Call Deposit only includes seven-day call deposit. A threshold for deposit is forex equivalent to RMB500,000,and the minimum withdrawal is forex equivalent to RMB100,000. 

Features
Higher interest rate than forex demand deposit although lower than forex time deposit
More flexible withdrawal compared with forex time deposit
Relatively more interest income for customers
Appreciation of forex funds

Procedures
The customer presents the original of business license and the Account Opening Application to the International Department of local branch of ABC. The authorized seal should be provided. ABC issues the Certificate of Corporate Call Deposit Account and determines the notification method with the customer.
The customer provides the foregoing certificate, fills out the payment slip and affixes the specimen seal to withdraw the deposit.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599

Outlet

Contact Us| Statement Copyright©AGRICULTURAL BANK OF CHINA (ABC) All Rights Reserved