Types and differences of bankbooks in China.

There are two types of bankbooks in China: current all-in-one passbook and fixed all-in-one passbook.

A current all-in-one account refers to a comprehensive account that handles both RMB and various foreign currency current deposits in the same account. A current all-in-one account has only one main account, and deposit funds in different currencies, different kinds of bills and remittances are marked as different sub-accounts. The currencies that can be handled in the sub-account include RMB, USD, JPY, EUR, GBP, HKD, AUD, CAD, CHF, SGD, MOP, won and other new currencies.

A fixed-term all-in-one account refers to a fixed-term savings deposit account with multiple currencies and maturities in one account. The products of fixed-term savings deposits that can be handled by a fixed-term all-in-one account include: lump-sum savings deposits in local and foreign currencies, fixed-term savings deposits and call deposits. Available currencies include: RMB, USD, Euro, Japanese Yen, HKD, British Pound, Canadian Dollar, Australian Dollar, Swiss Franc, Singapore Dollar, Macau Dollar, Korean Won and other new currencies. A fixed-term all-in-one account has only one main account, and the deposits in the sub-accounts are identified by different account book numbers and serial numbers, with a maximum of 60 deposits under the same account book number.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.