RMB Corporate Agreement Deposit is a type of corporate deposit where, after opening an RMB corporate settlement account with the bank, the client agrees on a minimum deposit amount with the bank. For deposits exceeding this minimum amount, the bank calculates interest at the agreed deposit rate.

Interest accrues based on the agreed deposit rate announced by Bank of China. Interest accrues on a daily basis and is settled quarterly; the interest settlement date is the 20th day of the last month of each quarter. If the interest rate is adjusted during the interest calculation period, interest will be calculated in segments according to the adjusted rates.

The valid term of the Agreement Deposit Contract shall not exceed one year.

For specific procedures and important notes, please refer to the BOC official website (Chinese version) or consult the local BOC branch.