Fixed-term deposit is a deposit with terms and interest rate prior determined by both the bank and depositor, and the withdrawal of principal and interest will be conducted on the due date.
1. Minimum deposit amount: foreign currency equivalent to RMB 100,000;
2. Currencies: USD, HKD, GBP, EUR, JPY, SGD and others;
3. Term: 1 month, 3 months, 6 months, 1 year and 2 years (two-year fixed deposit is not available for JPY);
4. Interest rate: the interest rate for deposits announced by PBOC. For a lump-sum deposit of more than USD 3 million or equivalent foreign currency, the interest rate is negotiable.