The Finance Algorithm
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Current Account Statement

Current Account Statement

Savings & transaction accountsBank updated 5 Feb 2009

At a glance

No headline figures published.

Rates

The one rate Bank of China publishes for this account.

TypeApplies toTermBandRateComparisonConditions
Fixed---0.01%-paid every 1 mo; base rate 0.01% applies to deposit over 2000.

Fees

7 fees published, grouped by when they're charged.

While you hold it1

  • Monthly Account Keeping Fee
    $5

When you make a transaction1

  • Over the counter withdrawals at branches
    $5

When particular things happen5

  • Cancellation of cheque book
    $100
  • Cheque book orders
    $50
  • Outward cheque dishonour for incorrect detail-per cheque
    $20
  • Outward cheque dishonour for insufficient funds-per cheque
    $30
  • Stop cheque
    $10

Features

Digital banking

Eligibility and limits

  • Minimum age 16
  • Opening balance $2,000

Published by Bank of China under the Consumer Data Right, last changed by them on 5 Feb 2009. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.