Deposit

The RMB Demand Deposit (hereinafter "demand deposit") is an account in which customers deposit their RMB funds into a bank without specifying the deposit term. Customers then receive a deposit certificate from the bank and may further deposit or withdraw a discretionary amount at any time. more 》

The Foreign Currency Time Deposit refers to service that individual customers deposit foreign exchange funds with ABC in a lump sum for a specific term, receive the deposit certificate issued by ABC, and withdraw the principal and interest in a lump sum upon expiration of deposit term. more 》

The Foreign Currency Call Deposit is a deposit in which an individual deposits foreign currency funds into a bank without specifying the deposit term, and withdraws the funds in accordance to a prior notice that specifies the date and amount of withdrawal. more 》

The RMB Time Deposit with Lump-sum Deposit and Withdrawal (hereinafter "lump-sum time deposit") is an account in which a customer deposits his/her RMB funds, in a lump-sum, with a savings institution for a fixed period of time. The Customer then receives the certificate of deposit from the savings institution and withdraws the principal amount plus accrued interest, in a lump-sum, upon maturity. more 》

The RMB and Foreign Currency Time Deposit Integrated Account Passbook (hereinafter "integrated time passbook") is a deposit mode that integrates time deposits with different terms, denominated in RMB and foreign currencies, in a single passbook. With one passbook, RMB and foreign currency accounts with multiple terms can be centrally managed. more 》

The RMB and Foreign Currency Demand Deposit Integrated Account Passbook (hereinafter "integrated demand passbook") is a passbook that integrates all RMB and foreign currency demand deposit accounts of a customer to provide convenience in management and use of these accounts. The integrated demand passbook is a tool that provides central management of RMB and foreign currency demand deposit accounts. Essentially, it is a demand deposit and provides the same functions as a demand deposit. more 》

The "Shuang Li Feng" personal call deposit is a short-term wealth management product provided by ABC. With signing an agreement, the customer's account fund that is RMB50,000 (including) or more, or an equivalent amount of USD1,000 or more in foreign currency will be transferred to the call deposit automatically. The call deposit is subject to automatic renewal with compound interest calculated. This product can effectively enhance the yield rate of large amount of idle fund during a short period. more 》

The Personal Call Deposit is a deposit in which the depositor does not specify a deposit term at time of deposit, but is required to inform ABC of the date and amount of withdrawal in advance. A RMB call deposit must be made in a lump-sum, yet can be withdrawn in one or more installments. Irrespective of its actual length of term, a personal call deposit is either a one-day call deposit or a seven-day call deposit. The minimum balance is RMB50,000; the minimum withdrawal is RMB50,000. The amount remaining, after a call for withdrawal, should not be lower than the required minimum balance. more 》

The Time or Demand Optional Deposit is a savings deposit in which the customer deposits a RMB principal in a lump-sum without specifying the deposit term, and the principal and after-tax interest accrued are paid in a lump-sum upon withdrawal. more 》

The Foreign Currency Demand Deposit refers to the service that individual customers deposit their foreign currency funds with ABC without specifying deposit term, and obtain passbooks from ABC. They can renew the deposit or withdraw a discretionary amount through the passbook from time to time. more 》

If the certificate of deposit (or passbook) is lost, the customer needs to file a written application for loss reporting to the outlet where the account was opened, by presenting his/her valid identity certificate and some account details like his/her name and account number. more 》

Personal automatic transfer is to transfer funds in a designated account to one or more accounts as agreed between ABC and the personal customer according to certain transfer cycle and transfer mode. more 》

“Smart Account”Value-added Account is a multi-service financial product of ABC with automatic transfer reservation and convenient consumer line-of-credit services also a wealth management account, supported by ABC’s advanced business systems, that flexibly transfers funds between demand deposit and time deposit accounts according to the customer’s needs.The Smart Account not only ensures the liquidity and mobility of customers' funds but also improves customer’s interest income. more 》

Intelligent re-deposit of lump-sum deposit and withdrawal is a new ABC product designed to maximize interest income during periods of rising interest rates. If a customer signs up for this service, ABC’s system will determine whether to re-deposit time deposits of the customer based on the principle of helping customers to gain more interest when the interest rate of lump-sum time deposit and withdrawal is raised. more 》

Etiquette Savings is a featured savings service integrated with “sentimental” and “collection” values based on the existing RMB lump-sum time deposit and withdrawal savings service and time or demand optional deposit service to meet customer demands for expressing love and blessings to relatives and friends. more 》

Personal funds collection is a service designed by ABC to meet the demand for strengthening the centralized management of funds in different accounts of the same or different customers, or between corporate accounts and personal accounts, improving the utilization rate of funds and reducing funds costs, by transferring all or part of funds in one or several accounts into a designated account on a regular basis based on the specific agreement with customers. more 》