Detailed explanation of agreement deposit, agreement deposit, interbank deposit and notice deposit.

Agreement deposit refers to the agreement deposit contract signed by corporate customers and banks. Both parties agree to reserve a certain amount of deposit for corporate customers to cope with daily settlement. This part bears interest according to the expected annualized interest rate of ordinary demand, and the excess part bears interest according to the expected annualized interest rate of agreed deposits.

The function of agreement deposit is equivalent to demand deposit, and its expected annualized expected income is determined according to the contract signed between the company and the bank. Generally speaking, the higher the deposit balance, the higher the expected annualized interest rate the company obtains.

Agreement deposit

According to the regulations of China People's Bank or China Banking Regulatory Commission, agreement deposit is a kind of RMB deposit set up by commercial banks for some special Chinese funds such as insurance funds, social security funds and endowment insurance funds. , with long deposit term, large initial deposit amount, expected annualized interest rate, term, interest settlement method, default penalty standard and so on.

The expected annualized interest rate of China agreement deposits is determined and announced by the People's Bank of China, and the expected annualized interest rate is 1.44%.

Interbank deposit

Interbank deposit refers to the deposit business with non-bank financial institutions such as securities companies, credit cooperatives, finance companies and trust companies. It belongs to the type of corporate deposit, and the expected annualized interest rate will generally fluctuate, and the floating ratio will be negotiated with the bank. The method of identification is mainly to see whether the depositor has a financial license. Only with a financial license can you handle interbank deposits.

The biggest difference between interbank deposits and agreement deposits is that interbank deposits are not included in the assessment of loan-to-deposit ratio, while agreement deposits are included in the assessment of loan-to-deposit ratio. Agreement deposit has the advantages of reducing loan-to-deposit ratio and expanding deposit scale, which shows that general banks need agreement deposit more when assessing loan-to-deposit ratio at the end of the month. Interbank deposits generally have two functions, one is to serve as reserves, and the other is to supplement positions with interbank assets, so they can be regarded as cash assets of banks.

deposit at notice

Call deposit is a kind of deposit with no agreed term, one-time deposit and multiple withdrawals. It can only be withdrawn after notifying the bank in advance and agreeing on the withdrawal date and amount.

Notice deposit is a kind of short-term deposit, which can be divided into one-day notice and seven-day notice according to different deposit periods. When withdrawing money, you should apply to the bank one or seven days in advance according to the different deposit periods, otherwise it will not be withdrawn at that time. But now many banks have updated the seven-day notice deposit system, and customers can withdraw the seven-day notice deposit at any time, and the interest is calculated according to the expected annualized interest rate of the seven-day notice deposit, and the interest is calculated according to the current demand.