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Foreign Currency Current Deposit

This refers to an all-in-one foreign currency cashbook that there is no limitation set on deposit terms, and cash deposit and withdrawal can be made of any amount at any time during bank business hours.

Minimum amount

No less than RMB 20 equivalent foreign currency.

Interest accruing rules

Interest accrued on foreign currency current deposit is calculated at the rate set by PBoC. If there’s any interest rate change within the maturity, the interest for the withdrawn will be paid according to the announced current deposit interest rate at the withdrawal day.

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