You can open both RMB account and foreign exchange account with Bank of Nanjing.
Four types of RMB accounts are
- RMB Basic Deposit Account
- RMB Ordinary Deposit Account
- RMB Temporary Deposit Account and
- RMB Deposit Account for Special Purposes
Foreign exchange account is opened by the domestic institutions, foreign institutions in a foreign currency with a designated bank under the approval of SAFE for the foreign exchange transactions.
Two types of Foreign Exchange accounts are
- Current Foreign Exchange Account
- Capital Foreign Exchange Account
Corporate deposit refers to RMB or foreign currency deposits of corporate customers including Demand Deposits, Term Deposits, Call Deposits, Contract Deposits in RMB. Contract Deposit in RMB is a type of corporate deposits, which is deposited with an agreed savings amount in a current account by a corporate customer and, according to an agreement between the customer and the bank, the amount in excess of the savings amount of such a settlement will be transferred by the bank into another RMB corporate agreement account to accrue interests at a preferential interest rate.
Online corporate banking
On-line corporate Banking is an important component of the Bank of Nanjing On-line Banking Service. It connects the clients" computer terminals to the mainframe computer at the bank through the Internet or other pubic information network, thus realizing the bank"s promise to deliver corporate banking services directly to the clients" office, residence, or any place where the clients are.
Bank of Nanjing’s online banking system is available to the clients in both the general version and professional version.
For general version, only limited functions (account inquiry and inquiry password modification) are available. More functions including transferring; account management, salary payment, personal income tax inquiry, online bills, etc are available in the professional version.
Corporate card (also called Business card) is specifically designed for corporate use. The designated individuals use the corporate card for corporate expenses and all bills are paid directly by the corporate. The corporate card can simplify the traditional procedures for reimbursement and billing.