Personal Cheque Saving Deposit

Brief Introduction

Personal Cheque Saving Deposit is a type of deposit for cash withdrawal, transfer, and settlement with current saving deposit as warranty and with cheque as payment certificate, which is integrated with savings and consumption.

Features

Convenient for deposit, safe and fast for payment, which is especially appropriate for privately or individually-owned business

Condition

The account balance shall not be less that the total amount of the issued cheque.

Deposit Term

The same as current savings

Procedures

1.      Open account with valid ID Card;

2.      Purchase cheque after signing Agreement of Personal Cheque Use with bank;

3.      Withdraw cash or transfer with cheque

Tips

1.      The use and management of personal cheque shall be subject to Payment Management Method of People¡¯s Bank of China

2.      Pay attention to the authenticity of personal cheque and legality of use

You may open a personal account to any site of China Guangfa Bank with your ID certificate. For agent processing, you may present the ID certificate of the agent at the same time.