China banks adopt different account management principles for foreign exchange or foreign currency cash deposits, that is, distinguish foreign exchange accounts from foreign currency accounts.
Foreign exchange account (hereinafter referred to as foreign exchange account)
Convertible foreign exchange remitted, carried or remitted from abroad may be deposited in a foreign exchange account. Foreign currency bills that cannot be paid immediately must be collected and accepted by the bank before they can be recorded.
Foreign currency account (hereinafter referred to as foreign currency account)
All freely convertible foreign currency cash brought in from abroad shall be deposited in foreign currency accounts.
Note: When opening a B foreign currency deposit account, you can present your passport or other valid identification documents. 1 999165438+1October1to 2000 65438+1October 3 1, you can deposit directly with your passport or other valid identity documents and the resident certificate issued by the tax authorities of your country of residence. From June 5438+065438+1 October1day, 2000, foreign residents must fill out the Application Form for Foreign Residents to Enjoy the Treatment of Avoidance of Double Taxation Agreements as required.
Deposit variety
current deposit
Foreign currency demand deposits are passbook and checking accounts, which can be accessed at any time. The minimum deposit amount is: the deposit in the second account is equivalent foreign currency not less than RMB 100; The deposit in the third account shall not be less than RMB and the equivalent foreign currency in 20 yuan.
time deposit
1, lump-sum deposit and withdrawal
The term of lump-sum time deposit is fixed, and one deposit and one withdrawal of principal and interest at maturity. The term is divided into five grades: 1 month, 3 months, 6 months, 1 year and 2 years. Banks issue registered certificates of deposit.
The first deposit amount: the second deposit is not less than the equivalent foreign currency of RMB and 500 yuan; The third deposit is not less than the equivalent RMB and foreign currency in 50 yuan. This deposit can be withdrawn in full or in part in advance, or it can be reserved for the bank to renew when it expires.
2. Convenient time deposit
A fixed foreign currency is a registered indefinite deposit with an indefinite term, and the interest rate varies with the term. The minimum deposit is not less than the equivalent foreign currency of RMB and RMB in 50 yuan. The longest deposit term is 1 year. According to the actual deposit days, the interest will be calculated at the lump-sum time deposit rate. Regular and convenient savings deposits with interest calculated with reference to RMB.
3, seven days notice deposit
The principal shall be deposited in one lump sum for a period of not less than 7 days, and the initial deposit amount shall be not less than 5,000 yuan. You need to notify the bank in writing 7 days in advance to withdraw the deposit.