Home > Frequently Asked Questions > FAQs > Personal Financing
How does the ICBC calculate interests of personal RMB demand deposit?
 
Personal RMB demand deposit is calculated by actual calender days on a quarterly basis in accordance with the interest rates announced on the settlement day, namely 20th of the last month of each quarter. In case of clearing account ahead of the settlement day, interests will be calculated, in accordance with the rates on the very day, to the day before the account is cleared. You can send “CXLL#currency” to check interests rates.

(2015-12-10)
Close