Deposits

• Time Deposits
  • Overview: High interest deposits suitable for operating surplus funds for a fixed period
  • Deposit Period
    • CNY: 3 months/6 months/1 year/2 years/3 years
    • USD: 1 month/3 months/6 months/1 year
  • Minimum required deposit: CNY 100/USD 20
  • Interest Payment: Total amount paid at the expiration date
• Notice Deposits
  • Overview: Deposits suitable for operating surplus funds for an unfixed period
  • Characteristics: Notice of withdrawal is required 1 or 7 days before the withdrawal of money.(Higher interest rate than ordinary deposits)
  • Types: CNY 1 day/7 days, USD 7 days
  • Minimum required deposit: CNY 50,000/USD 10,000
  • Minimum required withdrawal amount: CNY 50,000/USD 10,000
• Arrangement Deposits
  • Overview: Providing a higher preferential interest rate than an ordinary deposit on condition that a prior contract is made and a predetermined amount of money (or more) is kept in the deposit
• Ordinary Deposits
  • Overview: No limit on the currency (CNY or USD), the amount of money, and the period
  • Interest Rate: Interest rate notified by the People’s Bank of China
  • Early termination of the deposit: Interest rate for ordinary deposit