1. The foreign currency demand deposit is a passbook account. The initial deposit amount is not less than the equivalent foreign currency RMB 20 yuan, and the interest is calculated and paid once a year. The value date is 65438+ February 20th every year.

2. Foreign currency time deposit refers to a deposit in which the depositor deposits the principal in one lump sum and withdraws the principal and interest in one lump sum at the time of deposit. The initial deposit amount is not less than the equivalent foreign exchange of RMB and RMB in 50 yuan. The term of time deposit is divided into five grades: one month, three months, six months, one year and two years.

3. Personal notice deposit refers to the deposit that customers must notify the bank several days in advance when withdrawing or paying deposits. There is only one equivalent foreign exchange, and the minimum withdrawal amount is RMB 50,000. Personal notice deposit is very attractive to customers with large short-term income, because its deposit period is much shorter than ordinary time deposit and the interest rate is higher than demand deposit.

There are several ways to expand foreign currency savings:

① Residents' foreign currency savings deposits; The third deposit from the Bank of China. Both urban and rural residents in China can open foreign currency savings accounts in their own names and deposit the foreign currency held by individuals into the accounts. Foreign currency deposits are divided into cash accounts and cash accounts.

At present, foreign currency deposits are time deposits with maturities of three months, six months, one year and two years. The currencies of deposits are: US dollars, British pounds, German marks, Japanese yen, French francs, Hong Kong dollars, etc. Other freely convertible foreign currencies shall be freely selected by depositors in one of the above currencies and converted into accounts according to the foreign exchange quotation on the deposit date.

② Class A foreign currency deposits of China Bank. The account object of foreign currency deposit is the company. Currency types include: US dollar, Japanese yen, British pound, Hong Kong dollar, German mark, French franc, etc. There are two forms of deposit: time deposit and time deposit. Time deposits take the form of lump-sum deposit and withdrawal, and current deposits are divided into passbook accounts and current accounts.

(3) China Bank B foreign currency deposit. B foreign currency deposits are open to individuals. Foreigners living abroad or in Hong Kong and Macao, overseas Chinese, overseas Chinese, compatriots in Hong Kong and Macao and China people who are allowed to leave foreign exchange to individuals according to state regulations may open such deposit accounts in their own names.

Baidu encyclopedia-foreign currency savings deposit