What is a time deposit?

Question 1: What is a time deposit? It is a deposit in which the depositor can withdraw the money only on a specified date after the deposit is made or must notify the bank a number of days before the preparation of the withdrawal, and the maturity of the deposit can range from 3 months to 5 years, or more than 10 years. Generally speaking, the longer the term, the higher the interest rate. Traditional time deposits are not only in the form of certificates of deposit, but also in the form of passbooks, which are also known as passbook time deposits, but they have 90 days as the basic number of interest-bearing days, and no interest is accrued for a period of less than 90 days. Compared with demand deposits, time deposits have a strong stability, and lower operating costs, commercial banks to hold the reserve ratio of the deposit is correspondingly low, therefore, the utilization rate of time deposits is often higher than demand deposits.

Question 2: What is the meaning of a fixed-term certificate of deposit? Let's say you give me a hundred dollars, I give you a receipt, and then we agree, when you come over to take, for example, three months, then well, three months later, you take that receipt I gave you, and then take your hundred dollars. That receipt, you can then say it's a time deposit slip. Of course, if you want to know the true interpretation, go to the People's Bank of China website.

Question three: what is meant by fixed-term deposits It is to deposit money for a specified period of time, such as three years, three years can not withdraw this money, until three years later, you can go to the bank with the deposit slip to collect the principal and interest, fixed-term deposits have a higher interest rate

Question four: whether the maturity of bank fixed-term deposits in the transfer of deposits is specifically what it means You can

Question five: What is a five-year time deposit According to the current deposit rates, time deposits 5-year annual interest rate is: 3.60%

If the money is deposited for five years on a fixed term, the maturity of the interest can be obtained:

The principal x 3.60% x 5 =

The maturity of time deposits to take, is a one-time settlement of the interest rate, in accordance with the rate of interest at the time of the deposit interest rate calculation.

If it is not due can also be taken early, but the interest will be calculated at the call rate.

Fixed-term deposits in the case of non-maturity, but also part of the early withdrawal, early withdrawal of part of the interest rate calculated at the call rate, the remaining part of the original deposit, the original interest rate.

So, if you don't need all of them, you can partially withdraw them in advance, which can reduce the loss of interest.

The latest deposit rates: icbc/other/rmbdeposit.jsp

Question 6: What is the meaning of the bank's time deposit? Term deposits: there are three months of whole deposits, that is, deposit 10,000 three-month term, the interest rate is 1.8%, then three months after taking out is 10,000 principal, plus interest 10,000 * 1.8% / 4 = 45 yuan, the interest rate of 1.8% is the annual interest rate, which means that the deposit is enough to one year on the interest rate, but if 10,000 deposits in the term for one year, the interest rate of 2.25%, then one year after the take out is the hacking W principal, plus interest 10,000 * 2.25% = 225 yuan, you can usually go to the bank to save a fixed term, just a different time, you can open a fixed-term passbook, each payment will have a clear period of time, interest,

Problem 7: What is the meaning of the deadlines of bank deposits? Bank deposits deadlines is a folk saying, the standard saying: bank time deposits, is the customer and the bank agreed period (such as three months, half a year top one year 。。。。。。) Deposit into the bank, the maturity of the bank to pay the principal and interest at the agreed interest rate.

Question 8: What is the difference between a time deposit and a savings deposit? Bank deposits: is one of the most traditional deposit pipeline, can be divided into two categories of demand deposits and fixed-term deposits. The former has a lower interest rate, but can be deposited at any time and in any amount. The latter has a higher interest rate, but there is a time limit for deposits, and if you make a deposit before maturity, you will lose interest. The purpose of saving is to accumulate financial resources, so it is best not to use the money that has been saved, based on this consideration, the better to save for regular deposits, demand deposits are only used to store the family's emergency funds, to maintain about three to six months of living expenses will be enough, and the rest of the deposit fixed deposit. The other is a fixed deposit. A fixed deposit can be divided into a time deposit and a fixed savings deposit, the former requires a whole lot of money, the latter can be used as a "zero deposit", a smaller amount can also be deposited.

Question 9: What is the meaning of the bank fixed deposit You should be referring to the fixed deposit, fixed deposit means: If you have a hundred thousand dollars to put in the bank, you set a time to take, the longer the interest will be the more, but the only one inconvenient is that, set a time, you must be to that time when you can take out the money in the meantime, no matter what happens to you or a friend or relative needs money, you can not take out the money, you can not take out the money. The only inconvenience is that after setting that time, you have to wait until that time to take the money out.

Question 10: What are the rules for CCB time deposits? Yes, as long as the customer does not have special requirements for us not to handle the automatic transfer of deposits, now we CCB in order to improve customer returns, in order to avoid customers forget to go to the bank after the expiration of the transfer business, in the opening of a fixed-term account is to choose the automatic transfer of deposits, you can also be a special requirement, such as you do not use this money for a year and a half, you can go to the window and ask the staff to give you to do a one-year deposit expires! After the automatic transfer to half a year, so you do not have to run the bank for the automatic transfer of interest rates in accordance with the maturity date of the national listed interest rate transfer, such as your maturity today, just yesterday, the country's long interest rate, then you become a high interest rate, huh, now the bank can also be said to be all-inclusive