RMB Deposit Rates

The Renminbi or RMB is the official currency for the country of the Peoples Republic of China. The RMB is the abbreviation of of Ren Min Bi, which in chinese(Mandarin) is the 'People's Money'. The CNY or Yuan is the base unit for RMB, this be compared to the Dollar unit in USD. CNY rather then RMB is used in the foreign exchange market.

CNY and CNH Deposit Rates

Due to the process Renminbi liberalisation and regulation in China, the onshore and offshore trades and settlements of the currency have been decoupled. This decoupling of the CNY(Onshore Renminbi) has led to the new currency code of CNH (Offshore Renminbi) and as at 2011 spreads have occured between the two.

RMB Bank Deposit Accounts

Fixed
Deposit
Account Details Currency Rate p.a./APR

ICBC 1 Year Time Deposit

The annual interest rate applicable is for a 12 month / 1 year term


RMB 3.25% Jul, 2014
china

China Construction Bank 1 Year Time Deposit

The deposit interest rate % applicable is for a 12 month / 1 year term.

RMB 3.25% Jul, 2014
china

Bank of Communications 1 Year Time Deposit

This deposit interest rate is for a 12 month / 1 year term.

RMB 3.25% Jul, 2014
china

AgBank 1 Year Time Deposit

Interest Rate applicable for this Agricultural Bank of China RMB time deposit account is for a 12 month / 1 year period of time.

RMB 3.25% Jul, 2014
china

Bank of China 1 Year Time Deposit

This Rate is for a 12 month deposit.

RMB 3.25% Jul, 2014
china

Industrial Bank 1 Year Time Deposit

Rates are applicable for this RMB Deposit for 1 year savings deposit guarenteed.

RMB 3.00% Jul, 2014
china

 

Currency Deposit Rates

RMB by region

Related Region:

» Asia

Related Country:

» China

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Please note that we aim to keep the above List updated with current rates. Please contact the bank for the precise terms and interest rates of the deposit products before opening an account.