Deposits

1. Each company can only open one RMB basic account at bank;

2. Can be used for daily operating cashflow, employee payroll and cash withdrawal;

3. Interest will be paid at the prevailing Current Account interest rate.

1. There is no limit in the number of General Accounts that can be opened (not available at the bank which the Basic Account is held);

2. Can be used for daily operating cashflow in RMB but cash withdrawal is not allowed;

3. Interest will be paid at the prevailing Current Account interest rate.

1. To cater temporary needs and must be used within the approved time period;

2. Cash withdrawal is not allowed;

3. Interest will be paid at the prevailing Current Account interest rate.

1. Deposit tenor may be 3 months, 6 months, 12 months or above;

2. Cash withdrawals can be made any time (Interest will be paid at the prevailing Current Account interest rate for premature withdrawal);

3. Interest will be paid at the prevailing fixed interest rate.

To receive injections and increases in investment capital.

For foreign currency collections and payments for current items (trade or non-trade) and approved capital items.

1. To receive onshore foreign currency loan;

2. Exchange into RMB is not allowed.

1. Tenor of 1 month, 3 months, 6 months, 1 year or 2 years are available for term deposits.;

2. Tenor and interest rates are negotiable for term deposits of more than USD3 million.

1. To receive loan proceeds from overseas;

2. Foreign debt registration at State Administration of Foreign Exchange is required.