SD No.5
Features
- Flexible return: linked to EURO/USD exchange rate
- The return is calculated based on the EURO/USD exchange rate of the day before the product's maturity date
- Potentially higher return as compared to RMB term deposit
- 100% principal guaranteed on maturity: applicable to companies with a low risk appetite
- Flexible tenor subject to companies’ needs
- Recommended for innovation companies at all stages with more than RMB 5 million account balance, including the balance in their pre-IPO custodian accounts.
Purchase Information
Currency | RMB |
Issuance Period | Monthly |
Minimum Purchase Amoun | RMB 5 million |
Incremental Amount | Integral multiple(s) of RMB 100,000 |
Investment Tenor | 1 month, 3 months, 6 months, 1 year |
Risk Disclosures
Please be aware of the risks associated with the product and make prudent investment decisions.
- This exchange rate linked structure deposit is principal guaranteed and its returns are variable involved with risks.
- The past performance of the product is not necessarily indicative of its future performance. The returns may not be guaranteed and early redemption is not applicable.
- The risk rating of the product is RR1. Please fully understand and be aware the risk and make prudent investment decisions.
- Please refer to the Risk Disclosures and Product Specifications for more risk disclosures.
RMB Current Deposit
RMB Term Deposit
Minimum deposit amount:
RMB 50,000
Deposit tenors:
3 months, 6 months, 1 year, 2 years, 3 years and 5 years
RMB Call Deposit (One-day/Seven-day)
There is no pre-defined tenor of the product. One-day/seven-day call deposit interests will be paid with a one-day/seven-day withdrawal notice
Minimum deposit amount:
RMB 500,000
Features
- Easy planning: suitable for companies that have standard financial management so they could properly manage their funds according to their financial plan
- Compared to current deposit, higher interest yields are offered while companies enjoy the flexibility of accessing their working capital
- The principal is deposited in lump sum and allows unlimited withdrawals
RMB Agreement Deposit
Companies open their settlement accounts according to the agreed deposit limit with SSVB, and the amount above the agreed limit are deemed as RMB agreement deposit and will accrue interest at the agreement deposit rate. When the account balance is below the agreed limit, the interest shall be calculated on the basis of current deposit rates.
Features
- High liquidity: free transfers and no impact on companies' daily settlements
- High yield: compared to current deposits, clients can benefit from a higher yield in the long run
- Flexible allocation: interests are calculated by the bank based on account balance, which brings great convenience to companies when it comes to working capital allocation and transaction
- Amount of agreement: as per negotiation
- Tenor of agreement: 1 year. The agreement will be automatically renewed for another year if no cancellation application is received
- Interest payment: settled on 20th of the last month of each quarter (postponed in case of holidays and festivals) and credited to the settlement account
Foreign Currency Current Deposit
Foreign Currency Term Deposit
Minimum Deposit Amount:
USD10,000 / EURO10,000 / HKD80,000 / JPY1,000,000 / AUD10,000 / CAD10,000 / CHF9,000 / SGD12,000
Deposit Tenors:
1 month, 3 months, 6 months, 1 year, 2 years
Kechaungying - USD Tiered Interest Rate Term Deposit
Kechaungying A is applicable to NRA USD accounts
Kechuangying B is applicable to all USD accounts other than NRA USD accounts
Features
- The interest rate of Kechuangying will be paid by tiers in accordance to the corresponding deposit tenors
- Flexible tenor with up to two T+0 full/partial early redemption by notification
Foreign Currency 7-day Smart Deposit (Auto rollover term deposit)
Minimum Deposit Amount:
USD10,000 / EURO10,000 / HKD80,000 / JPY1,000,000 / AUD10,000 / CAD10,000 / CHF9,000 / SGD12,000
The principal and the interests are automatically rolled over every seven days. For the portion of the deposit less than seven days, term deposit interest rate will apply upon withdrawal
Features
- High flexibility: provide companies with greater flexibility of their cash management
- Compared to current deposit, higher interest yields are offered while companies enjoy the flexibility of accessing their working capital
SPOT CNY/FCY Conversion Service
FCY purchase by companies is supported under the cross-border RMB settlement transactions
Contact Us
21/F, Block B, Baoland Plaza, No. 588 Dalian Road, Shanghai
Unit 2318 & 3217, China World Tower 1, No. 1 Jianguomenwai Avenue, Chaoyang District, Beijing
Room 802, Building N2, Alibaba Building, No. 3331, South Keyuan Road (Shenzhen Bay), Nanshan District, Shenzhen
Room 4101 & 4104, Taiping Financial Building, 398 East Suzhou Ave., Suzhou Industrial Park, Suzhou
86 21 35963037