The term of foreign exchange deposits includes demand and fixed term, which is divided into six grades: seven-day notice, one month, three months, six months, one year and two years. The interest rates of current foreign exchange deposits and small foreign exchange deposits of the Company shall be subject to the interest rates of small foreign exchange deposits published by the People's Bank of China, and the interest rates of large foreign exchange deposits of the Company shall be determined by the agreement between the bank and the customer.
Regardless of whether the interest rate is adjusted during the deposit period, time deposits will bear interest at the interest rate specified by the People's Bank of China or our bank on the deposit date; If the deposit is due, the interest shall be calculated at the interest rate of the corresponding grade on the date of deposit. If the depositor withdraws in advance, the interest shall be calculated according to the deposit interest rate listed on the withdrawal date. When applying for opening a foreign exchange account, a customer applying for opening an account shall submit the notice or approval of the foreign exchange bureau, the application form for opening an account, the certificate of legal person code and other required materials. (For example, foreign-invested enterprises should also provide foreign exchange registration certificates of foreign-invested enterprises)
After the account is qualified, open a foreign exchange account of corresponding nature for the customer.
Cash withdrawal domestic institutions and institutions in China may withdraw foreign currency cash from their foreign exchange accounts as needed. If the single cash withdrawal does not exceed the equivalent of US$ 654.38+00,000 (excluding US$ 654.38+00,000), it shall be handled directly by our bank with valid vouchers or valid commercial documents; If a single withdrawal of foreign currency cash exceeds the equivalent of US$ 6,543,800+0,000 (including US$ 6,543,800+0,000), it must be approved by the foreign exchange bureau and handled by our bank. Use of current account foreign exchange account
[1] Customers can handle receipts and payments according to the income and expenditure scope specified in the approval document of the foreign exchange bureau.
[2] If the foreign exchange income of the current account of an enterprise enters the foreign exchange settlement account, it can keep the cash exchange within the limit approved by the foreign exchange bureau, and the foreign exchange exceeding the limit can not be recorded temporarily, and the enterprise is also notified to settle the foreign exchange within ten working days. If it is not handled within the time limit, we will send a copy to the local foreign exchange bureau, which will order it to settle foreign exchange.
[3] The current account expenditure of an enterprise can be handled with valid vouchers and valid commercial documents stipulated in the Operating Rules for Settlement, Sale and Payment of Foreign Exchange of Huaxia Bank.
[4] The expenditure of foreign exchange margin account is limited to the opening of letters of credit, letters of guarantee and foreign exchange transactions by domestic institutions in our bank, and shall not be used for other purposes. Under normal circumstances, foreign exchange deposits can be transferred out with relevant business documents; The fees for the foreign exchange margin account must be approved by the international settlement department or the foreign exchange fund operation department before it can be handled.
The use of foreign exchange account in capital account
[1] The use of foreign exchange accounts of domestic institutional capital projects for the settlement, sale and payment of foreign exchange under capital and the transfer of domestic original currency shall be reported to the foreign exchange bureau for approval, and our bank shall handle it with the approval documents of foreign exchange business of capital projects of the foreign exchange bureau. Capital settlement under capital can be handled directly in our bank with relevant information.
[2] Domestic institutions can repay the principal and interest of our self-operated foreign exchange loans through repayment accounts, which can be handled directly in our bank. Domestic institutions should first use their own foreign exchange, and the insufficient part can be purchased to repay the loan principal and interest.
[3] The balance of foreign exchange accounts of domestic institutions in capital projects shall not exceed the maximum amount approved in the approval documents of foreign exchange business in capital projects.
If domestic institutions and institutions in China want to close their foreign exchange deposit accounts, they should go to our bank with the approval of the State Administration of Foreign Exchange.