Overview
The "Shuang Li Feng" personal call deposit is a short-term wealth management product provided by ABC. With signing an agreement, the customer's account fund that is RMB50,000 (including) or more, or an equivalent amount of USD1,000 or more in foreign currency will be transferred to the call deposit automatically. The call deposit is subject to automatic renewal with compound interest calculated. This product can effectively enhance the yield rate of large amount of idle fund during a short period.
Benefits
1. Intelligent management. With no advance setting needed, the best call deposit portfolio will be selected automatically according to the customer's actual deposit term. With the fund being deposited for seven days, the interest will be calculated at the rate of RMB seven-day personal call deposit. Otherwise, the interest will be calculated at the rate for RMB one-day personal call deposit.
2. Compound interest. The "Shuang Li Feng" personal call deposit is subject to automatic renewal every seven days, and the after-tax interest is included into the principal for compound interest. Therefore, the customers can obtain more yields.
3. Convenient consumption. During the consumption with a debit card, in case that the current account balance is insufficient for the payment, the shortfall will be transferred from the latest "Shuang Li Feng" sub-account deposit. Thus the customers can enjoy the twin advantage of convenient current deposit and high-yield call deposit.
Procedures
Customers can apply for "Shuang Li Feng" personal call deposit business through deposit receipt or sign for it through the debit card.
1. Customers can apply for "Shuang Li Feng" personal call deposit in ABC outlet by presenting their valid ID cards. They should fill out the deposit slip and select "Call" and "Agreed Renewal" on the slip.
2. With the valid ID cards, customers can apply for the "Shuang Li Feng" personal call deposit in ABC outlet by signing the Agreement of Agricultural Bank of China on Agreed Renewal Service of "Shuang Li Feng" Personal Call Deposit.
Tips
The agreement signing and cancelling, account cancellation and withdrawal for debit card "Shuang Li Feng" can be handled in any ABC outlet nationwide or through the 7*24 hours online banking service.
Customer Service Center : 95599
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