What is a notice loan?

What is a notice loan? Call loan is a kind of relaxation in which the bank and the lender agree that the repayment period is indefinite, but the borrower must repay it on time a few days after receiving the repayment notice, and its interest rate is lower than that of ordinary lenders. Notice loan is a form of loan that can not only maintain the solvency of banks but also make full use of foreign capital.

What is lending? Where is the loan? How to notify? Loan means that the buyer borrows money from the bank while buying a house. Subsequently, the bank will release the money borrowed by the buyer and deposit it in the seller's bank account. When the bank transfers the money to the seller's bank account, it will also call the buyer to inform him that the money has arrived, so that the buyer will know that the seller has received the money from the bank.

A loan means that the bank where you borrow money will release the loan amount to your bank account. When lending money, the mortgage company will inform you by SMS or telephone.

What is a notice deposit? Call deposit refers to the deposit business in which the customer does not agree on the deposit term, but needs to inform the bank in advance to agree on the withdrawal date and amount.

No matter how long the actual deposit period is, individual notice deposits can be divided into one-day notice deposits and seven-day notice deposits according to the length of advance notice of depositors. One-day notice deposit must be notified one day in advance, and seven-day notice deposit must be notified seven days in advance. The currencies of call deposits are RMB, HKD, GBP, USD, JPY, EUR, CHF, AUD and SGD (please consult your local bank for specific business and currency).

Product features:

1. It has the convenience of demand deposit and the interest rate is higher than that of demand deposit;

2. It is suitable for deposit customers whose deposit period is difficult to determine and whose deposits and withdrawals are frequent;

3. When the stock market and foreign exchange market are in a downturn, or when funds are not used for a short time on legal holidays, you can get more income by choosing China Bank to call deposits;

4. The currencies of call deposits are diverse, which can be RMB or foreign currency.

Note: The minimum initial deposit, low withdrawal and minimum retention amount of RMB call deposit are all RMB 50,000, and the minimum initial deposit amount of foreign currency is 1 1,000 USD equivalent (please consult the local branch for the specific initial deposit amount of each province). Depositors need to deposit in one lump sum, and can withdraw in one lump sum or by stages. Interest is calculated at the deposit rate in the following cases:

1. If the actual deposit period is less than the notice period, the interest will be calculated according to the deposit rate;

2. If the withdrawal is not notified in advance, the interest on the withdrawal part shall be calculated at the deposit interest rate;

3. If the withdrawal is made in advance or overdue after notification, the withdrawal part will bear interest at the deposit interest rate;

4. If the withdrawal amount is insufficient or exceeds the agreed amount, the interest will be calculated at the deposit interest rate;

5. If the withdrawal amount is less than the minimum withdrawal amount, the interest will be calculated at the deposit rate.

Can it be different? Telling you that your deposit means that your credit card owes money. The money saved should be returned.

Your time deposit will always be yours.

What is a notice loan? Call loan, also known as call loan, is a loan method in which the loan bank is uncertain about the repayment period when issuing the loan and can notify the customer to recover the loan at any time according to its own fund allocation. Loans of commercial banks can be divided into demand loans, term loans and overdrafts according to the term. Demand loan, also known as call loan, refers to a loan that the bank can call back at any time or the borrower can repay at any time without determining the loan term. Compared with banks, demand loans have good liquidity, and banks can freely issue or withdraw funds according to the tension of funds, which is one of the good ways for banks to turn over funds.

Edit the characteristics of demand loans in this paragraph.

1. For banks, this kind of loan is more flexible than term loan, as long as the bank is short of funds. You can notify the borrower to recover the loan at any time. 2. For the borrower, due to the uncertainty of the repayment period, once the project funds are put into production, the bank suddenly calls for withdrawal, which leads to passivity and affects the business operation of the enterprise, but the interest rate of this loan is low.