a．Introduction

Term/current optional deposit account is a type of savings deposit without fixed maturity and a depositor may deposit or withdraw such deposit in a lump sum at any time. 

The minimum deposit amount of time/demand optional deposit is RMB50 and the maximum amount is RMB5 million (inclusive). Several accounts should be opened in case of exceeding the maximum amount. 

b．Deposit interest rate

The deposit term of time/demand optional deposit is not fixed. For the deposit term less than three months, interests will be accrued based on the days for which the deposit has been saved. For the deposit term more than three months (inclusive) but less than six months, interests will be accrued according to the interest rate for three-month lump-sum time deposit & withdrawal on the withdrawal day with 40% discount. For the deposit term more than six months (inclusive) but less than one year, interests will be accrued according to the interest rate for half-year lump-sum time deposit & withdrawal on the withdrawal day with 40% discount. For the deposit term more than one year (inclusive), no matter how long the term is, interests will be uniformly accrued according to the interest rate for one-year lump-sum time deposit & withdrawal on the withdrawal day with 40% discount. If the interest rates are lower than those of the demand deposits after discount, interests will be accrued according to the interest rate for demand deposits.

c．Functions and features 

Convenient and flexible: It can be used conveniently as the demand deposit, and also derive the interests as the time deposit. Interests are subject to the duration of deposit term. The longer the deposit term is, the higher the interest rate is.

Simple for withdrawal: Deposit and withdrawal in one time.