What is a special foreign exchange deposit?
A foreign currency deposit account opened in a domestic bank. Special foreign currency savings refer to foreign currency deposit accounts opened in domestic banks, including US dollars, euros, pounds and other foreign currencies. Characteristic savings refers to the capital reserve made by depositing customers' funds in the bank, recovering interest through a certain period of time, and accomplishing specific goals, mainly including regular savings, education savings, holiday savings, and rare disease expenditure savings.