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Online Fixed Deposit

I. Introduction
A service for customers to open fixed deposit account, draw money or look up the account via Internet Banking. Fixed deposit accounts can be short-term, medium to long term.

II. Target Clients
Corporate customers who wish to open fixed deposit account via Internet Banking.

III. Features
1. Anytime, anywhere
Anytime, anywhere, customers just login Corporate Internet Banking and open the account.
2. Simple steps, save time and effort
No need to go to ICBC outlet, just open the account, draw money or look up the details online. No more hassle in going through the procedures at the ICBC counter.

IV. Application Conditions
Customers of Corporate Internet Banking.

V. Sign Up
Before transferring money from current savings to fixed deposit, you need to go to the ICBC outlet where your account is opened, then open a fixed deposit account in the same city under your name.

Ⅵ. Service Channel and Hours
The service is available around the clock in Corporate Internet Banking.

Ⅶ. Definition
Medium to long term fixed deposit: Fixed deposit with a deposit period of 1 year or longer. Currently, ICBC customers of Corporate Internet Banking can open RMB fixed deposit of medium to long term with a deposit period of 2 years, 3 years or 5 years.

Ⅷ. Considerations
1. When redepositing current savings to fixed deposit opened online, the maximum amount is RMB 1 billion each time. If redepositing more than RMB 1 billion, transfer at different times.
2. You cannot draw money at ICBC outlet from fixed deposit opened online. The A/C opening confirmation advice is a virtual advice. You can print the physical advice at ICBC outlet, then transfer the deposit into fixed deposit opened at ICBC outlet.
3. After you print the physical advice at ICBC outlet for the fixed deposit opened online, it is equivalent to opening a fixed deposit at ICBC outlet. In Internet Banking, you can only view the fixed deposit, no cash withdrawal.