How to handle corporate time deposits in China Bank?

Bank of China customers shall go through the relevant deposit procedures with the deposit slip of the company deposit, and reserve the seal. The bank will issue a registered "Certificate of Company Time Deposit Account Opening" for customers, and affix the official seal of banking business. The certificate of deposit shall not be used as a pledge of rights.

Funds in RMB time deposit accounts shall be transferred from RMB settlement accounts. After opening a RMB unit time deposit account, customers can deposit multiple time deposits in installments.

After opening a time deposit account in a foreign currency unit, customers can deposit multiple time deposits in installments within the maximum amount approved by the State Administration of Foreign Exchange. Banks should transfer funds from their current deposit accounts of foreign currency units and deposit them in their fixed deposit accounts of foreign currency units within the maximum limit approved by the State Administration of Foreign Exchange.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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