Qualified Clients
Non-residents of the People' s Republic of China, i.e. individual and corporation (including Chinese-owned companies registered overseas, but excluding their overseas representative offices) of other countries and regions (including Hong Kong SAR, Macao SAR and Taiwan), government agencies and international organizations.

Deposit instruction
Currencies of Deposit: US Dollar ―HK Dollar ―Euro ―GB Pound ―Japanese Yen and other major convertible currencies

Minimum deposit:
·Corporate client: USD50,000 or its equivalent in other convertible currencies
·Individual client: USD10,000 or its equivalent in other convertible currencies

Account Nature：Free account opening，non-cash account， a combination of both saving and current accounts, easy access for payments, interest paid quarterly

Type of accounts

1、Savings account
Interest calculated daily and paid quarterly according to prevailing deposit interest rate.

2、Time deposit account
We will issue to the depositor a named and non-negotiable time deposit certificate. Minimum deposit is USD50,000 or its equivalent in other convertible currencies. Principle and interest will be paid on maturity date.

Term of time deposit can be one week, one month, three months, six months, one year or even longer. On maturity, principal plus interest will be rolled over automatically for the same term if no instruction to the contrary is received from you.

Interest rates are to be determined according to the market, e.g. the London Inter-Bank Offered Rate (LIBOR) or Hong Kong Inter-Bank Offered Rate (HIBOR), etc.