Introduction
This is a time deposit account. ICBC London offers an extensive choice of fixed terms to suit a wide variety of needs, which include 1 month, 3 months, 6 months and 12 months. Desposits can be made in GBP, USD and EUR.

Features
1. The account is available in GBP, USD, EUR and RMB.

2. You can transfer money from your Flexible Account into your Time Deposit Account at any time.

3. A choice of fixed terms to suit your needs, including 1 month, 3 months, 6 months and 12 months.

4. ICBC London will provide statements either monthly, quarterly or half-yearly.

Service Channel
1. Account opening: one of our branches.

2. Money transfer: one of our branches or E-Banking.

Operation Guide
1. Customers must open a Flexible Account first.

2. Customers can transfer funds from their Flexible Account into their Time Deposit Account after they have opened a Time Deposit Account.

Cash withdrawals before maturity
1. Customers can draw money from their Time Deposit Account before maturity, but the interest will be calculated at the Flexible account interest rate. ICBC London will charge you a GBP25 processing fee.

2. Customers must notify us at least one day prior to requesting a large cash withdrawal in excess of GBP 3,000.00.

3. We recommend you bring your ID evidence documents (e.g. Passport, ID card or Driving licence) with you. (A penalty fee may apply for cancellation).

Other Information

1. This product is available to customers who wish to deposit at least GBP 1000.

2. Customers must be aged 16 or over.

3. Interest rates are available in our banking hall or by visiting our website: www.icbclondon.com.