Shanghai Pudong Development Bank-FX trading

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FX trading—Wai Hui Bao

In order to secure stable investment return and avoid the risk form the turbulent stock market, individual investors hope to diversify their investment to gain high return. The bank's FX trading-Wai Hui Bao business provides the desirable channel for investors.
Customers can engage in FX trading and deposit and withdrawal business by opening a foreign currency account with the bank.

How to manage FX trading business Manage link sever

Customer can open account at the following outlets of SPDB

No I business department	Zhongshan dong yi lu	63296188
Huangpu subbranch	Ningbo road	63296188
Xuhui sub-branch	Jianguo road (w)	64748518
Xin Hongqiao sub-branch	Lou shan Guan road	62090418
Stocj exchange building sub-branch	Pudong road(S)	58781675
Putuo sub-branch	Wuning road	62540898
Jin-an sub-branch	Beijing road (w)	62185500
Nangshi sub-branch	Zhong shan nan road	63187466
Bao shan sub-branch	Modanjiang road	56781582
Changning sub-branch	Changning road	62401568

Variety of trading:

Real time price transaction: customers entrust the bank to sell out one foreign currency for another one.
Entrusted price transaction: customers entrust the bank to sell out one foreign currency for another one at a designated price within a specific period.

Ways of trading:

Deal via phone: customers make FX deals via phone bank with no restriction of outlets and time.
Deal by counter: customers(restricted to those who have opened account at with the outlet of the bank) make FX deals at the counter
Self-service deal: customers make FX deals through self-service machines.
Time of trading:
Deal via phone: 8:00 am to 4:00 am, next day
Deal by counter: 9:00am to 16:00
Self-service deal: 9:00am to 16:00
(from Monday through Friday, no trading service on international suspension day)

Currency and interest calculation:

FX deal currencies: USD, HKD, JPY, EUR, GBP, AUD, CAD, GHF etc. Deposit interest is calculated monthly on the 20th of every month.
Deposits and withdrawal under FX trading account can be make freely nationwide
Deposits and withdrawal: deposit, withdrawal, make registration and change of certificate.
Inquiry: outstanding balance, trading deals, PIN, FX trading quotation.
Modification: address, PIN, No. of valid certificate.
Loss report: customers can report loss orally and then proceed for formal loss report at the branch where they open account.
Currency regulation: currencies of FX transfer are restricted to FX trading currencies, currencies of banknotes deposit and withdrawal include all the currencies designated by the business outlets.

Deposit and withdrawal regulation

customers who deposit and withdraw the amount above USD 10,000(including USD 10,000) must present valid certificates, and customers who withdraw the amount above USD 10,000(including USD 10,000) must notice the bank in advance. Customers can not withdraw the banknotes traded through FX trading on the same day, traded banknotes, such as USD, HKD, JPY can be withdrawn the next day. When customers settle interest or cancel account, the bank will deduct and pay the savings interest tax on behalf of the customers according to regulations.

Special service

Variety of combination of main hard currencies.
Multiple choices of trading: Deal via phone, Deal by counter and Self-service deal.
Preferential points: if single deal reaches a specific amount, preferential points will be offered; if monthly deal reaches a specific amount, preferential points will be offered for the next month. And points can be accumulated.
Only USD 1 (JPY 100)amount requirement for opening account, minimum amount USD 30(JPY 3000) requirement for single deal.
Commission free for real time FX trading and entrusted FX trading

Special recommendation

Collateral loan against foreign currency:

Collateral loan against FX time deposit;
Collateral loan against FX trading.

Customers can apply for collateral loan against FX time deposit with deposit certificate of FX trading.

Loan amount: minimum amount RMB 50,000.
Application: customers can apply for multi-loans, with the maximum amount not exceeding 50% of the deposit balance of FX trading account(calculated in RMB equivalence according to the buy in FX quotation at the application day))
Tenor: maximum tenor not exceeding 1 year, Within 6 months From 6 months to one year The loan will not affect your FX trading via counter or self-service machine and deposit or withdrawal, but customers must guarantee that the outstanding balance(equivalent RMB) will not be lower than twice of the amount of the loan. The bank also provides FX, collection of bills and foreign travelers' checks service.

Other service

The bank also provides wealth management service.
Shanghai branch address: No. 588, Pudong Nan Road
Website: http://www.spdb.com.cn
Phone bank：63601111 53584538
Service hotline：68887000

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