How much interest can you earn by depositing $10,000 a month in China Bank?

Just go to the bank and check the deposit interest rate of US dollars.

The annual interest rate of USD demand deposit is 0.075%.

1 month The annual interest rate of USD is 0.375%.

According to this interest rate, if you choose a current deposit for your10,000 USD, you can get interest at maturity:

10000× 0.075% ÷12 = 0.625 (USD)

If you choose a one-month time deposit, you can get interest at maturity:

10000× 0.375% ÷12 = 3.125 (USD)

Of course, the above interest is only what you deserve, but what you actually get after deducting 20% interest tax. In this way, your one-month current deposit will get 0.625×80%=0.5 (USD) interest;

The interest you get in January is 3. 125×80%=2.5 (USD).

According to the regulations of Bank of China, the interest shall be paid in US dollars for the part exceeding US$ 65,438+0, and in RMB for the part below US$ 65,438+0.

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