Corporate Deposit
(1) Current Deposit
Corporate current account is a kind of deposit account that has no fixed
term and is mainly transacted through cash or transfer. It provides
customers with ease of access to deposits and withdrawals. The current
account may be denominated in currencies such as US Dollars, Singapore
Dollars, RMB etc.
(2) Time Deposit
Time deposit is a deposit where the terms and interest rate is agreed upon
by both the bank and depositor prior to the placement of the deposit. The
time deposit may be used for settlement or withdrawn via cash or transfer.
For temporary uses, customers may apply for advance drawing or partial
advance drawing.
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