A kind of savings in the form of Hua Xia bank passbook with frequency and limit agreed for principal withdrawal, where principal is deposited one time, single withdrawal of interests at maturity. Deposit started at RMB 1,000 minimum with withdrawal cycle of one month, three months or six months. Deposit periods can be one year, three years or five years.

Features:
1. Split the amount: provide an income stream in return for an initial considerable deposit, helps you to plan your financials. 
2. Higher Return: savings are drawn in periods, but enjoy higher interest rate than current savings.
3. Flexible: use money wisely through restriction on the withdrawal. For instance, parents can deposit a sum of money for the children studying in other city with the withdrawal amount fixed for each month. Under this arrangement, every month there is no need to pay extra inter-city remittances charges, while children are bound to spend on the drawing amount only . Besides, the deposit accrues more interest than current savings.

Benefits: 
1. Interest is accrued at the rate of time deposit of small savings for lump-sum withdrawal of the same class same term quoted on the date of opening the account. In case of changes in interest rate during the period, interest is still accrued according to the rate quoted on the date of opening the account, not by segments.
2. Early withdrawal will have interest accrued at the rate of current savings quoted on the withdrawal date. 
3. Drawing after maturity will have interest accrued on the amount exceeding the original period at current savings rate quoted on the day of closing the account.

Applicable Clients: 
Chinese residents.

Service Channels:
At Hua Xia outlets you can open or close the account, deposit or withdraw cash, transfer, remittance, check accounts, report loss verbally or in written, and change password. Through Internet Banking you can check account and report loss verbally. Through Customer Service Center (Phone Banking) you can check account, change password and report loss verbally.

How to Apply?
1. Open Account: Open the account at Hua Xia outlets with your valid ID and collect the passbook. No need to produce ID card when renew.
2. Draw Cash: Draw in full or partially in advance, if necessary. Early withdrawal in part can only be in integral multiples of the amount agreed. Corresponding withdrawal periods will be closed. Remaining periods remain unchanged. If no withdrawal is made on the period specified, withdraw in the next month or carry forward to the next period, or draw one time at maturity. Valid ID must be presented for withdrawal over RMB 50,000 in advance or at maturity. Large withdrawal must be arranged with Hua Xia Bank first by appointment in order to prepare enough cash.
3. Close Account: Interest will be repaid with principal when the account is cancelled.
4. Others: Valid ID must be produced for report of loss, cancel report of loss, change of password, renewal of passbook, early withdrawal, and large withdrawal. If someone applies on behalf of you, ID documents to verify you and your representative are necessary.

Tips: 
1. Please keep your savings passbook or bank card in a safe place. If lost, report to Hua Xia Bank straight away either at Hua Xia counter, Customer Service Center (Phone Banking), or Internet Banking verbally. Report of loss in written can only be made at Hua Xia outlets 5 days after you have made verbally. Replace passbook or close the account 7 days after you have made the report of loss in written.
2. Set the password as a combination of numbers so that it is not easy to be cracked. Keep the password confidential and do not let others know it.