China - Obtain a Bank Deposit Certificate

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Procedure

Customers may go to any intra-net connected outlet of bank, with personal valid identity documents and deposit receipt or passbook to handle the transaction.

Both the proxy and the depositor shall provide their own valid identity documents when handling such transaction through proxy.

And you can apply for the issuance of multiple copies of deposit certificates according to your need, and the service fee for each copy will be RMB 20.

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Required Documents

Depositors should hold their valid personal identity documents and valid deposit voucher issued by the bank.

Office Locations & Contacts

People's Bank of China
Addr: No.32 Chengfang street,Xi Cheng district,Beijing,China
PostCode:100800
Tel: 86-010-66194114
E-mail:[email protected]

Bank of China
Website http://www.boc.cn/en/
Customer Service Phone Number (hotline) 95566

China Construction Bank
Website http://www.ccb.com/en/home/index.html
Customer Service Phone Number 400 120 5568

Agricultural Bank of China
Website http://www.abchina.com/en/default.htm
Customer Service Phone Number (hotline) 95599

Industrial and Commercial Bank of China
Website -http://www.icbc-ltd.com/ICBCLtd/en/
Customer Service Phone Number (hotline) 95588

Eligibility

• All customers of the bank.
• Natural person with valid ID documents.

Fees

Explain the fees structure which is required for obtaining the certificate/document.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

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Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Please explain processing time taken in obtaining the document/certificate.

Related Videos

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Instructions

Customers can submit written application at the bank; customers who have signed fax authorization agreement with the bank can also submit application by fax.

Certificates can be issued after the bank identifying the customer signature and verifying the account balance.

Types Available to Issue Certificates of Deposit

• RMB and foreign currency personal term deposit, including lump-sum term deposit, notice deposit, term-current optional deposit, installment fixed deposit, interest withdrawal term deposit, education savings, term all-in-one account, etc.
• RMB and foreign currency demand savings deposits, including ordinary current passbook and current all-in-one account.

Required Information

• Full name
• ID number
• Gender
• Nationality
• Account type
• Account number
• Contact address

Need for the Document

The bank can issue certificates of deposit in the account designated by the individual customers (for self-funded study abroad, visa extension, immigration application, visiting relatives, traveling abroad and other purposes).

Information which might help

The bank will issue certificates of deposit in actual currency type deposited, and it is not allowed to issue certificates of deposit in another currency exchanged from the actual deposited currency.

Relevant account needs to be frozen for issuing certificates of deposit, and the valid time for certificate of deposit must be the same with the deposit frozen time. You can choose frozen days in need, and the shortest term is one day (e.g. the current date of issuing certificate of deposit).

If you need to release frozen deposit before its maturity date, then you must return all certificates of deposit concerning the frozen account back to the bank.

If you need to extend the valid period of deposit certificates, please go to the bank and repeat the procedures of filling in application form and issuing another certificate with handling fee paid.

Certificate of deposit has no function of economic guarantee and cannot be used for transfer or pledge.

Other uses of the Document/Certificate

Individuals may be required to provide certificates of deposit because of self-funded study abroad, application for foreign immigrants, visiting relatives and travel abroad as well as other reasons.

External Links

Certificate of Deposit

People's Bank of China

China Banking Regulatory Commission

Others

• In principle, the balance shown in the certificate of deposit is the effective balance in the customer's account one working day before issuing the certificate;
• The bank will issue the certificate of deposit according to the currency of the customer's account;
• The certificate of deposit cannot serve as financial guarantee, and it shall not be transferred or pledged;
• The bank will not handle loss report of certificate of deposit, and the handling fees will not be returned.