|
|
 |
|
|
|
|
|
|
Corporate Information
|
|
|
|
|
Corporate Internet Banking
|
|
|
|
|
|
 |
|
|
|
|
|
Current Deposit
| | |  | |
| |  RMB Current Deposit | | |
Corporate current deposit is one kind of deposit which can be deposited and withdrawn at any time without binding on a fixed deposit tenor. With a current account, your company could easily withdraw fund through various channels, such as issuing checks or drafts.
Current account pays interest quarterly according to the interest rate published on the day of interest calculation.
There are four kinds of RMB current accounts: basic deposit account, general deposit account, special deposit account and temporary deposit account. - Basic deposit account is the main account used by corporate and other institutional clients to handle daily fund transfers, payment of employee salaries & bonus as well as deposit and withdraw cash.
- General deposit account is the account that institutional clients open with banks in addition to the basic deposit account in order to meet their needs of cash management. They are mainly used to make account transfers and deposit cash. However, cash withdrawal is not allowed under such kind of accounts.
- Special deposit account is the account opened for special purpose, such as infrastructure construction, reconstruction, agency business, trust business, real estate development under special policy, credit card and etc. This kind of account can not settle sales income, neither could it withdraw cash.
- Temporary Deposit Account is a kind of account corporate clients open for temporary business activities or for the need of receiving inward electronic or draft remittance. It could make account transfers or withdraw cash in accordance with relevant regulations. Generally, this kind of account could not issue checks.
Foreign Currency Current Deposit | | |
Foreign currency current deposit is one kind of deposit in free convertible currencies through which domestic institutions or inland organizations of foreign institutions could deposit or withdraw fund with various methods in compliance with the relevant regulations of the State Administration of Foreign Exchange.
Foreign currency current deposit pays interest quarterly according to the current deposit interest rate published on the deposit date. Interest rate of small amount transactions varies from that of large amount transactions above USD3 million equivalents. Our bank can accept deposit in US Dollar, Japanese Yen, EURO, British Pound, Hong Kong Dollar, Australian Dollar and many other currencies.
There are two kinds of foreign currency current accounts, namely cash account and exchange account. The latter can be further divided into current account and capital account. Institutions that are allowed to keep foreign exchange in accordance with relevant regulations of the State Administrative of Foreign Exchange could open corresponding foreign exchange account. Usually, domestic institutions or inland organization of foreign institutions are not allowed to open foreign currency cash account. - Foreign Exchange Settlement Account for Current Account is used to receive or pay foreign exchange under regular trading items of the Balance of Payment, including trade account, service account, one-way transfer account and so on;
- Foreign Exchange Settlement Account for Capital Account is to receive or pay foreign exchange under capital account, including foreign exchange capital account, loan account, account for repayment of foreign currency loan, stock account, temporary account, foreign debt account and etc.
| | | | | | | |
|
|
|
