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Negotiable Deposits by Insurance Companies


SPDB offers Large-amount Deposits with Negotiable Interest Rate for insurance companies, that is, SPDB absorbs RMB deposits from Chinese insurance companies (the legal entity only) above RMB 30 million for a single case with a tenor over 5 years and the interest rates are negotiable. Such deposits must be confirmed by both signing the deposit contract and issuing a negotiable deposit certificate. Such contract shall only be signed between the commercial bank HO legal person and the insurance company legal person.

   Minimum deposit tenor

5 years and 1 day.

   Minimum deposit amount

RMB 30,000,000 yuan.

   Procedure

  • Both parties negotiate and settle down on the interest rate, tenor, interest collecting/payment method and default terms.
  • SPDB signs the formal agreement with the Chinese insurance company legal person and issues the certificate of deposits.
  • For such large-amount RMB deposits with negotiable interest rates, no withdrawal in advance is allowed and the certificate of deposit may be used as collateral for financing.



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