Without determining a deposit term, the depositor gives us notice in advance of money withdrawal to indicate the date and amount of withdrawal.
The minimum amount of deposit required for this service is RMB500,000 or an equivalent of USD50,000 and the minimum amount of withdrawal is RMB100,000 or an equivalent of USD10,000. The service allows you to deposit the principal in one lump sum and withdraw the money in one or more installments.
Service Types
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1-day corporate notice deposit
·
7-day corporate notice deposit
·
7-day corporate notice deposit in foreign currency
Benefits
1. Increases interest income;
2. Facilitates temporary fund utilization as the term of deposit is unfixed;
3. Helps enterprises improve fund utilization and strengthen financial management.
Note:
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.