What does ABC mean by notifying the deposit transaction?

The notice of deposit transaction of ABC means that depositors do not agree on the deposit period when depositing, and they need to inform the bank in advance when withdrawing money, and agree on the date and amount of withdrawal before withdrawing money.

There are also differences in withdrawals, which are generally divided into one-day notice and seven-day notice. In other words, you should inform the bank of the withdrawal date several days in advance.

Call deposit is a kind of deposit of commercial banks in western countries, which is not fixed, but depositors must notify the banks in advance to withdraw it. At the same time, it has the nature of demand deposit and time deposit. The notice period is 1 day and 7 days. Interest is calculated on a daily basis, and the interest rate depends on the length of the notice period, which is generally higher than the demand and lower than the time deposit. After the notice, the deposit expires, and the part that the depositor does not withdraw does not bear interest when it expires. This kind of deposit is beneficial for banks to arrange positions, ensure moderate solvency and improve the effect of capital utilization; It also enables short-term idle funds to gain greater benefits and improve the enthusiasm of depositors.

The currencies of call deposits include RMB, HKD, GBP, USD, JPY, EUR, CHF, AUD and SGD.

The call deposit rate of RMB and foreign currency is higher than the deposit rate. The current call deposit interest rates are: one-day call deposit interest rate 0.55%, and seven-day call deposit interest rate 1. 1%.

One-day notice deposit must be notified one day in advance, and seven-day notice deposit must be notified seven days in advance.

For example, during the downturn of the stock market, shareholder Zhang deposited 654.38+000000000 yuan into a seven-day notice deposit, and after two months, Zhang can earn 654.38+000000000 yuan more interest (654.38+0.62%-0.72%)/360 days = 654.38+0500.

The new service of bank self-service transfer notice deposit has the functions of demand transfer notice deposit, establishment of withdrawal notice, withdrawal notice cancellation and transfer-out notice deposit. The interest rate of 7-day notice deposit is similar to that of 3-month time deposit, but the flexibility of withdrawal is similar to that of demand deposit, which is more suitable for managing large business funds with uncertain use time.