RMB Term-current optional Deposit refers to a service that customers won't set deposit term when making deposit, and they deposit principals at one time and can withdraw the principals at any time. The deposit rate is variable between current and fixed interest rate due to the specific period.
The term is flexible, it is allow to deposit and withdraw at any time.
The minimum amount of a Time-Demand deposit is RMB 50, without upper limit.
If the term is less than 3 months, the interest will be paid according to the current deposit interest rate based on the actual days deposited.
If the term is more than 3 months (3 months included) but less than 6 months, the interest will be paid according to the 3-month lump-sum deposit interest rate at withdrawal day with 40% discount.
If the term is more than 6 months (6 months included) but less than 1 year, the interest will be paid according to the 6-month lump-sum deposit interest rate at withdrawal day with 40% discount.
If the term is more than 1 year (1 year included), no matter how long the term is, the interest will be uniformly paid according to the 1-year lump-sum deposit interest rate at withdraw day with 40% discount.
