Private business here is a professional term for the bank’s business direction, and its full name is also called open private business. This means that the business function is open to individual customers at this time. There is also a business function, which naturally means that business functions are open to corporate customers at this time.

If you apply for a card personally, it is a private business, so of course you can apply for a card. You can also handle deposits, cash withdrawals, remittances and other personal savings services. Personal business includes: deposits and withdrawals, transfers, remittances, card openings, card cancellations, inquiries and other non-public businesses. Generally, banks will only restrict corporate business during weekend business hours, which means that they will only open private business during weekends. Enterprises need to pay attention to the time.

Generally speaking, there are some differences between banks' treatment of public and private companies, as follows:

Business treatment is different.

2. The processing types are different.

3. Processing channels.

4. The processing time is different.

5. The handling methods are different.

So, everyone must understand it clearly when going to bank branches to handle business.

Notes on the deposit business of ICBC:

1. The minimum deposit amount for RMB demand deposits is 1 yuan, and the minimum deposit amount for foreign currency demand deposits is not less than the equivalent foreign currency RMB 20 yuan. One-time deposit and withdrawal, fixed deposit starting from 50 yuan, zero deposit and withdrawal starting from 5 yuan. Education savings deposits start at 50 yuan, with a maximum principal of 20,000 yuan per household. The minimum deposit amount of foreign currency time deposit shall not be less than 50 yuan equivalent in foreign exchange.

2. Small deposits, one-time withdrawals, and education savings deposits are deposited regularly every month. If a payment is not made during the deposit period, it can be made up the next month. Failure to make up or pay after the due date shall be deemed as a breach of contract. Interest on the portion deposited after default will be calculated based on the current deposit interest rate.

3. Education savings enjoy preferential interest rates and are exempt from personal interest rate income tax. After expiration, please go to the ICBC branch with the student ID card provided by the school.

4. The types of time deposits include: one-time deposit and withdrawal once a month, one-time deposit and withdrawal once every three months, one-time deposit and withdrawal once every six months, and one-time deposit and withdrawal once a year. One-time deposit and withdrawal, one-time deposit and withdrawal every two years, one-time deposit and withdrawal, three-year deposit and withdrawal, five-year deposit and withdrawal, zero deposit and withdrawal update, one-year principal and interest withdrawal, three-year principal and interest withdrawal, five-year principal and interest withdrawal, etc.