Foreign Currency Deposit Interest Rates

Important Matters Concerning Foreign Currency Deposits

• The Chinese Yuan that we handle is the offshore Chinese Yuan (CNH), which is traded outside of mainland China. Please note that the exchange rate and interest rate may differ from those of the CNY traded in the mainland China market.
• The displayed interest rate is the annual interest rate (before tax). Interest is subject to a tax of 20.315%, including special income tax for reconstruction, until December 31, 2037.
• Club S members can view their preferential exchange rate on the transaction screen after signing in to our English online banking.
• The Foreign currency deposit interest rate is a floating rate.
• Foreign currency deposits are not covered by deposit insurance.
• When buying foreign currency (with Japanese yen or US Dollars) to deposit into an account, or when selling foreign currency from a foreign currency savings account (foreign currency to Yen or US Dollars) to make a withdrawal, the target currency will be exchanged at an exchange rate determined at the time of the purchase/sale. Note that there is a potential risk of principal loss due to foreign currency market trends since the principal changes when converting amounts deposited and withdrawn in the same currency.
  In addition, when you buy or sell foreign currency, you will bear the amount of the difference between TTB (rate when you sell foreign currency) / TTS (rate when you buy foreign currency) and TTM (reference rate) as the foreign exchange cost, respectively. Therefore, even when the foreign exchange market price does not fluctuate between the time of deposit and the time of withdrawal, the amount you receive as withdrawal may be below the amount you have deposited.