Long deposits and withdrawals can be withdrawn in advance. Interest will be calculated on the part withdrawn in advance according to the current interest rate listed by the bank on that day, and interest on the remaining part will continue to be calculated according to the time deposit interest rate. The number of early withdrawals for lump-sum deposits and withdrawals is generally limited to one, which means that if you have withdrawn once in advance, you cannot apply for early withdrawal again.
It is recommended that users plan their funds well before depositing money to avoid making deposits and withdrawals that require early withdrawal, thereby losing more interest. Lump-sum deposit and withdrawal is a type of bank time deposit and a relatively common deposit method. It refers to a kind of savings in which the deposit period is agreed upon, the lump sum is deposited, and the principal and interest are withdrawn in one lump sum upon maturity. The minimum deposit is fifty yuan, and there is no limit to how much you can deposit. Deposit periods are divided into three months, six months, one year, two years, three years and five years. Lump-sum deposits and withdrawals refer to a deposit method in which the deposit period is agreed upon when opening an account, a one-time deposit is made, and the principal and interest are withdrawn in one go at maturity.
The minimum deposit is 50 yuan, and the minimum foreign exchange deposit amount is foreign exchange equivalent to RMB 100. Withdrawals or early withdrawals (generally limited to one time) must provide personal identity documents; the person who withdraws must provide the depositor's identity documents and personal identity documents. By 2013, all or part of it can be withdrawn directly through online banking, and the remaining balance will still be calculated according to the original period. Interest, the interest on the withdrawn portion is calculated on a current basis. Interest is calculated based on the agreed interest rate at the time of deposit, and the interest is paid off with the principal.
The principal and interest of lump-sum deposits and lump-sum withdrawals can be transferred automatically on the maturity date, or can be transferred according to the customer's wishes upon maturity. The procedures for opening a deposit account for lump sum deposits and lump sum withdrawals are the same as those for current deposits. Depositors can apply online through online banking, or they can apply at the bank with a current passbook. After the application is completed, the valid withdrawal certificate given to the depositor by the bank is a deposit receipt (or a discount). Depositors can only make partial early withdrawal once at most banks (Postal Savings can handle up to 5 times).
Note: 1. When handling lump sum deposits and withdrawals, deposit receipts are generally used. The transaction voucher cannot be a bank card, except for certain types of bank cards. 2. After the application is successful, the account balance will show the number after deducting the entire deposit amount. Partial withdrawals are allowed, with no limit on the number of times for individuals and once for units. The retained amount is not less than the minimum deposit amount, and partial withdrawal is allowed. The interest on the withdrawn portion will be calculated based on the current interest rate on the withdrawal date, while the retained amount will still be calculated based on the interest rate on the deposit date. If the amount retained is lower than the minimum deposit amount, the account will be closed or transferred to other deposits according to the depositor's wishes.