Regular Time Deposit – FCDU
A multi-currency Time Deposit for short term placements starting at 30 days. Term and interest disposition options are available. A Confirmation of Time Deposit is issued to the client for their reference. TD interest and proceeds is credited to a nominated TD Settlement Account upon redemption or pre-termination.
Initial Deposit | CNY 7,500 / EUR 1,000 |
Term | 30-360 days |
Interest Rate | Click here to view |
Interest Payment | Compounded at Maturity / Monthly Interest Out |
Maturity Disposition | Auto renew upon Maturity |
Withholding Tax | 15% of interest earning |
NOTE: In case the time deposit is terminated prior to maturity date, applicable taxes and charges shall be for the client’s account and deducted from the net proceeds of the time deposit.