Deposit with standard tenors, minimum deposit amount and based on market pricing model
Corporate Large-denomination Certificate of Deposit (CD), refers to RMB-denominated book-entry large-denomination deposit vouchers issued by banks to corporates, which are bank deposit financial products in the category of general deposits. In accordance with the relevant regulations set out by the People's Bank of China (PBOC), CD is included in the scope of deposit insurance.
CD adopts standard tenors and a minimum deposit amount of RMB 10 million, while the interest rate is based on market pricing. CD deposit tenors are available in 9 terms (ranging from one month to five years).
Why choose DBS’ Certificate of Deposit?
Please click here for the applicable Terms and Conditions for Corporate client Large-Denomination Certificate of Deposit.
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