A demand deposit refers to a deposit that does not specify the deposit term, can be deposited or withdrawn at any time and calculates interests by quarters according to the interest rate of a demand deposit.

A time deposit refers that enterprises, institutions, organs and groups deposit their funds that meet certain requirements, and will not be used within certain period of time to CMBC once for all, and specify the deposit term. CMBC will issue the confirmation of time deposit to them, who may withdraw the principal and interests through the certificate of deposit when the deposit is mature.

A call deposit denominated in RMB refers that the customer does not specify the time period of deposit at the time of placement, but must notify CMBC of the proposed withdrawal data and amount prior to the withdrawal.

A contract deposit denominated in RMB refers a deposit denominated in RMB, in respect of which the depositor and CMBC will, within the scope defined by relevant provisions of the People’s Bank of China, determine the deposit term and conclude an agreement for the contract deposit to confirm.

A negotiated deposit refers to the deposit with deposit term of over five years (not including five years) that a commercial bank transacts for Chinese insurance companies and the National Council for Social Security Fund, wherein both parties will determine the interest rate, deposit term, interest settlement and payment, and punishing standard for default through negotiations.