- Current deposit
- Time deposit
- Unit notice deposit
- Agreement deposit
A demand deposit is a deposit that has no defined deposit period, can be accessed at any time, and pays interest on a quarterly basis in accordance with the demand deposit interest rate. If a customer opens a current deposit account with our bank, he can use various payment instruments such as checks, cashier's checks, and money orders to settle accounts. Current deposit accounts are divided into four types: basic deposit accounts, general deposit accounts, temporary deposit accounts, and special deposit accounts. Individual industrial and commercial households may open a unit bank settlement account with a business license or a business name in the name of the operator.
(1) Basic deposit account
A basic deposit account is a bank settlement account that a depositor needs to open for daily transfer settlement and cash receipts and payments. According to the Regulations on the Management of RMB Bank Settlement Accounts, a depository unit can only open one basic deposit account at a bank.
◆ Information required for account opening:
1. Business license (enterprise) or an approval document approved by the competent authority;
2. Organization code certificate;
3. If the depositor is a taxpayer engaged in production and business activities, a tax registration certificate is also required;
4. Identification information of the legal representative of the depositor or the person in charge of the unit;
5. Institutions implementing budget management should also provide proof that the financial department has agreed to their basic deposit account;
5. Other relevant materials stipulated in the Measures for the Administration of RMB Bank Settlement Accounts.
(2) General deposit account
A general deposit account is a bank settlement account opened by a depositor at a bank other than the bank where the basic deposit account is opened due to borrowing or other settlement needs. General deposit accounts can only handle cash deposits, transfers and settlements. To open a general deposit account, the bank's certification document for opening a basic deposit account, a permit for opening a basic deposit account, and relevant certification documents for opening a general deposit account should be issued to the bank that opened the account.
(3) Temporary Deposit Account
Temporary deposit accounts refer to bank settlement accounts opened by depositors for temporary needs and use within a specified period of time. They are mainly used for transfer settlement and cash collection and payment operations in accordance with national cash management regulations. To open a temporary deposit account, the bank issuing bank shall present its certification documents for opening a basic deposit account, a permit for opening a basic deposit account, and other relevant materials as stipulated in the Measures for the Administration of RMB Bank Settlement Accounts.
(IV) Special deposit account
A special deposit account refers to a bank settlement account opened by a depositor in accordance with laws, administrative regulations and rules for the special management and use of its specific purpose funds. To open a special deposit account, the bank's certification documents for opening a basic deposit account, a permit for opening a basic deposit account, and certification documents for the nature of special funds should be issued to the bank that opened the account.
Time deposit is a type of deposit in which the unit customer and the bank agree on the deposit period and deposit temporarily idle funds into the bank. When the deposit expires, the bank pays interest at the interest rate agreed on the deposit date. The time deposit account cannot be used for settlement or cash withdrawal from the time deposit account, and the deposit can only be transferred to its original transfer account by means of transfer. The initial deposit amount is 10,000 yuan, and multiple deposits are unlimited. Partial withdrawal is allowed once, and the period is divided into three levels: three months, half a year, one year, two years, three years, and five years. Account management is implemented for time deposits. After completing the formalities, I will issue a time deposit account confirmation letter to the depositor. The confirmation letter only confirms the depositor's account opening and cannot be used as a pledge of rights.
The RMB notice deposit refers to the deposit type that the depositing unit does not agree on the deposit period when depositing the money. When the withdrawal is required, the account bank must be notified in advance to agree the date and amount of the withdrawal. Regardless of the actual deposit period, notice deposits are divided into one-day notice deposits and seven-day notice deposits according to the length of the advance notice period for depositors' withdrawals. One-day notice of deposits requires one-day advance notice of the agreed withdrawals, and seven-day notices of deposits require seven days of advance notice of the agreed withdrawals. The minimum deposit amount for the notice deposit is 500,000 yuan, which needs to be deposited at one time, and can be withdrawn in one or more times. The amount of each withdrawal is limited to more than 100,000 yuan. The account retention amount must not be less than 500,000 yuan, less than 500,000 yuan. One-time clearance.
Renminbi agreement deposits refer to the account holders signing the "Agreement on Deposit Agreements" with banks, agreeing on the terms and agreeing on the basic deposit quotas to be maintained in their settlement accounts. Banks accrue interest at the current deposit rate on deposits within the basic deposit quota, exceeding the basic deposit The amount of deposits is a type of deposit that pays interest at the agreed deposit rate announced by the People ’s Bank on the settlement date or withdrawal date. The minimum deposit of the agreed deposit is 500,000 yuan, and the interest is paid on a quarterly basis. The term of the agreed deposit contract is one year. When either party does not propose to terminate the contract or modify the contract when it expires, it is deemed to be automatically extended for one year. If the agreed deposit account continues to be used after two consecutive years of use, it must be renewed at the bank where the account was opened. Municipal Commercial Bank RMB Unit Agreement Deposit Agreement.