Term Deposit
A Term Deposit is a facility that pays a fixed interest rate on a fixed amount for a fixed term. If your application to open a term deposit account is accepted, your money will be locked in for a fixed term. Therefore, you should only invest money that will not be required for that period. If you make a withdrawal before the maturity of the term, the interest rate you receive will be lost or reduced.
Bank of China Limited, Sydney Branch is devoted to providing you with deposit products that suit your needs. Apart from traditional deposit products, we also offer products with flexibility and competitive interest returns.
FEATURES
The Term Deposit Account may be denominated in:
| AUSTRALIAN DOLLARS | HKD | CNY | USD | |
| MINIMUM ACCOUNT OPENNING BALANCE | AUD 1,000 | HKD 5,000 | CNY 50,000 | USD 1,000 |
| MINIMUM BALANCE | AUD 1,000 | HKD 5,000 | CNY 50,000 | USD 1,000 |
