Traditional Culture Encyclopedia - Travel guide - Can I transfer to Zhejiang when my fixed-term deposit with Anhui Agricultural Bank of China expires?

Can I transfer to Zhejiang when my fixed-term deposit with Anhui Agricultural Bank of China expires?

Time deposits can be transferred to other places when they mature.

Time deposits can be transferred to other places when they mature. It is recommended that you check whether automatic transfer is set up. You can bring your RMB time deposit account (such as debit card/deposit receipt/passbook) to any branch of our bank to withdraw lump sum deposits. If the amount exceeds RMB 50,000 (inclusive) or is withdrawn in advance, a valid ID must be provided. The agent must also provide the agent's valid ID.

Time deposit is a kind of bank deposit with a term ranging from 3 months to 5 years and more than 10 years. Generally speaking, the longer the deposit term, the higher the interest rate. In addition to the form of deposit certificate, traditional time deposits also have the form of passbook. The latter is also called passbook time deposit, but it uses 90 days as the basic interest calculation days, and no interest is calculated below 90 days. Compared with demand deposits, time deposits have With strong stability and relatively high security, the deposit reserve ratio held by commercial banks is correspondingly lower. Therefore, the fund utilization rate of time deposits is often higher than that of demand deposits.