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What SMS will Ping An Bank receive when it deposits a fixed-term mobile phone?
No text messages. According to official website of Ping An Bank, there is no separate SMS reminder for time deposits, but when a current account is converted into a current account regularly, if SMS reminder is turned on, it will remind the deposit amount transferred to the current account. Time deposit refers to the deposit form in which the depositor and the bank agree on the deposit period and withdraw the principal and interest at maturity. The interest rate of time deposit is higher than that of current deposit, but it is not flexible. Support deposit interest rate to calculate interest in advance.
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