Name
Term Deposit Account
Introduction
Term deposit account is a type of savings deposit with fixed deposit period. Three deposit term of three months, six months and one year are available.
Features
1. Currency types including EUR, USD, RMB, GBP and so on;
2. Automatic renewal at maturity and early full/partial withdrawal allowed;
3. Online banking service available;
4. Higher interest rate than that of current deposit;
5. No account management fee.
Target Customers
Customers with surplus money in short tern can open the account with valid identity documents.
Procedure
Customers who have accounts with the bank can apply for the term deposit account of corresponding currency to make deposit, no other procedures required;
New customers need to open an account with valid identity documents and prove of income at the bank, and can make deposit after the bank identifying the application materials and relevant documents and opening the term deposit account of corresponding currency.
Required Identity Documents
1. Dutch citizens: Dutch ID card or original passport within the valid period;
2. Non-Dutch EU citizens: EU ID card or original passport within the valid period;
3. Non-EU citizens: original passport or residence permit within the valid period.
Tips
1. Early withdrawal is allowed but the interest rate on the funds withdrawn will be calculated at the current deposit rate instead;
2. Minimum opening deposit for non-RMB term deposit is 5000 currency units (ex. USD, EUR, GBP);
3. Minimum opening deposit for RMB term deposit is CNY 15,000.
