Personal certificate of deposit is a written certification offered by the Bank upon the request of a depositor for his/her personal deposit.
Personal certificate of deposit includes two types: certificate for some point and certificate for some period. Specifically, certificate of deposit for some point refers to the certification to prove that the applicant keeps a certain amount deposit with the Bank at the time when he/she applies for the issuance of such certificate. While certificate of deposit for some period refers to the certification to prove that the applicant keeps a certain amount deposit with the Bank during some period from the application day to a designated day.
b．Functions and features
One deposit but multiple certificates: Multiple certificates of deposit for some point can be issued for one deposit at different time points, and also multiple certificates of deposit for some period can be issued for one deposit in one time. Moreover, after the first certificate, customers can apply for additional certificate of deposit for the same period.
Multiple deposits and collective certificate: Multiple deposits in local and foreign currencies can be itemized in one certificate of deposit conveniently and clearly.