Special account is a special management account opened by depositors in banks for specific purposes according to law. For example, capital construction funds, renovation funds and extra-budgetary funds; Funds for purchasing grain, cotton and oil; Securities _ transaction settlement funds; Futures trading margin; Trust fund; Financial institutions deposit interbank funds; Policy real estate open-end fund; Unit bank card reserve fund; Housing accumulation fund; Social security fund; Income remittance funds and business expenditure funds; Funds of the party, league and trade union organizations of the unit; Other funds that need special management.

Is the interest rate of bank time deposit fixed?

Usually fixed. However, if users have different time deposits, it will also lead to different interest rates. However, the interest rate of time deposits is not constant for a long time. Now that the interest rate marketization system is implemented, banks will adjust the listing interest rate according to the actual situation.