Fixed Time Deposit   Multi-Withdrawal Time Deposit Service   Multi-deposit Time Deposit Service   Withdraw Interest on Fixed Principal   Fixed-Current Inter-convertible Time Deposit
How to Apply   Service Channels

Fixed Time Deposit
You may choose Time Deposit to save your money. With Time Deposit, which is a fixed deposit product, you select a time term and deposit your principal once off, and withdraw the principal and due interest upon maturity.

Service Features
1. Relatively high and stable earnings: high interest rate applicable, which are in positive proportion with time term;
2. Convenient and carefree: Automatic renewal upon maturity. Through several service channels offered, you may turn your current savings into fixed deposit, or turn matured fixed deposit into current savings; you may also use prearranged renewal function to manage your principal/interest, time term and forms of your fixed deposit in a flexible way;
3. High Liquidity: In case you need proceeds but your Time deposit is yet to mature, you may use self-service loan service to get loan with your Time Deposit  as collateral; you may also withdraw in advance part of the principal for only once, but the part you withdraw is only entitled to current deposit interest rate listed on the very day of withdrawal;
4. Low minimum limit: The minimum limit of principal for different currencies are as follows: 50 RMB yuan, or 50 Hong Kong dollars, 1,000 Japanese yen, or 10 denominational units in other currencies;
5. Many deposit time term to choose from: 3-month, 6-month, 12-month, 2-year, 3-year and 5-year for RMB, 1-month, 3-month, 6-month, 12-month, and 2-year for foreign currencies.

Multi-Withdrawal Time Deposit Service
As a China Merchants Bank All-in-one-card cardholder, if you have a fairly large amount of proceeds at hand but need to use it by installments over a period of time, you may choose "Multi-Withdrawal Time Service". With "Multi-Withdrawal Time Deposit Service", You deposit a certain amount of principal for once, set a time term, withdraw the principal by installments, and finally claim the interest upon maturity.

Service Features
1.  Low minimum limit: RMB1,000 yuan
2.  Several time terms to choose from: 1-year, 3-year, 5-year;
3.  Several withdrawal intervals to choose from: 1-month, 3-month, and 6-month;
4.  Interest is claimed upon maturity.

Multi-deposit Time Deposit Service
If you want to accumulate your savings by month, you may choose the Multi-deposit Time service. It is a kind of fixed deposit, which you deposit a previously agreed amount of proceeds into your account every month, and withdraw the principal and due interest upon the maturity.

Service Features
1. Easily accessible and simple ;
2. Accumulation of proceeds into considerable amount with relatively high interest earnings;
3. Low minimum limit:RMB5 to begin with
4. Several deposit terms to choose from: 1-year, 3-year and 5-year.
5. The agreed amount of money should be deposited every month, and in case the depositor fails to do so in a certain month, he or she should make it up in the next month; otherwise the depositor will be deemed in default, and the Bank will thereby no longer accept renewed deposit or makeup deposit from the defaulting depositor.

Withdraw Interest on Fixed Principal
As a China Merchants Bank "All-in-one-card" cardholder, in case you have some money that you do not need to use immediately and want to withdraw interest regularly for daily expenditure, you can choose Withdraw Interest on Fixed Principal Savings service. With a one-time fixed deposit, you save a certain amount of principal and withdraw due interest on an installment basis until the principal is mature.

Service Features
1. High minimum amount leads to stable account balance for bank. The minimum amount is RMB 5,000 Yuan.
2. Several terms to choose: 12-month, 3-year and 5-year
3. Installment Interest Payout: advance withdrawal of interest is not allowed; unpaid interest due can be withdrawn anytime thereafter, but compound interest rate is not applicable. 

Fixed-Current Inter-convertible Time Deposit
As a China Merchants Bank "All-in-one-card" cardholder, in case you have a considerable amount of savings but are likely to use it all at some unpredictable time in the near future, it is recommended that you choose Fixed-Current Inter-convertible Time Deposit service. The service, the principal is set as time deposit, but without a definite term, and the depositor has the right to withdraw the principal and due interest anytime if necessary.

Service Features
1. The service is as convenient as a current deposit, but with interest as favorable as that for fixed deposit. The interest due is calculated by the duration of deposit; the longer the duration is, the higher the interest rate.
2. The minimum amount of principal is RMB 50 yuan;
3. Easy Withdrawal (one withdrawal only);
4. Calculation of Interest: In case the duration is more than the minimum time requirement for fixed deposit but less than 12 months, the applicable interest rate will be 60 percent of that for fixed deposit for the same duration; In case the duration is at or over 12 months, the applicable interest rate, regardless of the actual duration, will be 60 percent of that for 12-month fixed deposit; In case the duration is shorter than the minimum time requirement for any fixed deposit, the applicable interest rate will be that for current deposit.

Service Channels
Deposit cash for Time Deposit: any banking offices of China Merchants Bank or self-service deposit machine;
Convert current savings into Time Deposit, or convert matured Time Deposit into saving account: Telephone Banking (Call Centre, service phone No.95555 , Internet Banking, and Self-service banking Terminals or any banking offices of China Merchants Bank.