If the full amount of the bank's death date is withdrawn in advance, the bank will only pay interest according to the current interest announced on the withdrawal date, and part of it will be withdrawn in advance. The part that has not been withdrawn shall be executed according to the original interest rate and term, and the part that has been withdrawn shall be paid according to the current demand.
time deposit
Time deposit, also known as "time deposit certificate", refers to a deposit in which the bank and the depositor agree on the term and interest rate in advance and withdraw the principal and interest at maturity. The term of time deposit is generally 3 months, 6 months, 1 year, 2 years, 3 years, 5 years, 10 year, or even longer. The longer the term of time deposit, the higher the interest rate.
Take ICBC as an example. The interest rates for time deposits are as follows:
1, 3 months, interest rate1.35%;
2, 6 months, the interest rate is1.55%;
3. 1 year, and the interest rate is1.75%;
4, 2 years, the interest rate is 2.25%;
5, 3/5 years, the interest rate is 2.75%.
In addition, the bank's time deposit interest rates include official website interest rate and outlet listing interest rate, but they are basically based on the listing interest rate, and the interest rates of different outlets of the same bank are also different. Please consult the bank staff for details.
current deposit
Demand deposit is a bank deposit that depositors can access and transfer at any time without prior notice. Its forms include checking account, certified check, promissory note, traveler's check and letter of credit. Demand deposits account for the largest part of a country's money supply and are also an important source of funds for commercial banks. Demand deposit not only has the function of monetary payment means and circulation means, but also has strong derivative ability, which is the focus of commercial banks' operation. The deposit interest rate is generally low; Commercial banks in western countries generally do not pay interest, and some even charge a certain fee.
Structural deposition
Structured deposits refer to financial products with certain risks in which investors deposit legally held RMB or foreign currency funds into banks and banks embed financial derivatives (including but not limited to forwards, swaps, options or futures). On the basis of ordinary deposits, investors' income is linked to financial or non-financial objects such as interest rate, exchange rate, stock price, commodity price, credit and index.
In fact, structured deposits are not ordinary deposits, and they are also different from bank financing. Structured deposits are embedded with financial derivatives on the basis of deposits, which are linked to fluctuations in interest rates, exchange rates and indexes. Let depositors get higher returns on the basis of taking certain risks.
According to the public data of the People's Bank of China, the scale of structured deposits in commercial banks from 2065438 to June 2009 was 10.98 trillion yuan, which was the third time after the outbreak of structured deposits from 2065438 to June 2008. Wind data shows that at the end of April last year, the total scale of structured deposits of large Chinese banks and small and medium-sized Chinese banks was 1 1. 13 trillion yuan. Among them, the scale of structured deposits of large Chinese banks is 3.77 trillion yuan, and the scale of structured deposits of small and medium-sized Chinese banks is 7.36 trillion yuan.