Product Profile
After opening inter-bank deposit account in CMB, financial institutions customers deposit their own funds, customer deposits, and custody funds in the account according to their requirement. The deposits can be current deposits, term deposits, or notice deposits; the term can be as short as one day and as long as one year plus; the notice term of notice deposits also can be chosen according to the requirement of financial institutions. The interest rate can either be floating interest rate or fixed interest rate based on the negotiation.
Product Advantages
ü Funds safety. CMB has adequate capital, stable operation, and a sound reputation.
ü Easy and quick deposit and withdrawal. Apart from the traditional desk service, CMB provides convenient on-line banking for clients to conduct funds transfer.
ü Relatively flexible quotation.
Service Flow
(1) Financial institutions open inter-bank deposit account in a CMB branch with Financial Business License and other relevant documents.
(2) Both sides reach an agreement on the term and interest rate of the deposits, and sign the relevant agreement.
(3) Deposit the funds.