Demand Deposits(%, per annum, before tax)
| Type | Condition | Corporate | Remark |
| Ordinary Deposits | Over a day | 0.01 |
* Interest to be claculated on the last business day of the 2nd week of Jun/Dec, and to be paid on the next calendar date * For Legacy Citi deposits, interest to be calculated on the last business day of Feb/Aug, and to be paid on the next business day |
| Corporate Free Account | Over a days | 0.01 |
* Interest to be claculated on the last business day of the 2nd week of Jan/Apr/Jul/Oct, and to be paid on the next calendar date * First-in First-out(FIFO) applied * Revoked 'No Interest for Less Than 7 Days' rule (01-Sep-2013) |
| Corporate Free Account MMDA | Less than KRW500,000 | 0.01 |
* Interest paid even for one-day deposit * Interest to be calculated on the last business day of Mar/Jun/Sep/Dec, and to be paid on the next business day * First-in First-out(FIFO) applied * Revoked 'No Interest for Less Than KRW 500,000' rule (01-Sep-2013) * Revoked 'No Interest for Less Than 7 Days' rule (01-Sep-2013) |
| Equal ore more than KRW 500,000 | 0.01 | ||
| Equal ore more than KRW 100 million | 0.01 | ||
| Equal ore more than KRW 500 million | 0.05 | ||
| Equal ore more than KRW 1 billion | 0.15 | ||
| MR Corporate | Less than KRW500,000 | 0.01 |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of Jan/Apr/Jul/Oct, and to be paid on the next calendar date * First-in First-out(FIFO) applied * Revoked 'No Interest for Less Than KRW 500,000' rule (01-Sep-2013) * Revoked 'No Interest for Less Than 7 Days' rule (01-Sep-2013) |
| Equal ore more than KRW 500,000 | 0.01 | ||
| Equal ore more than KRW 100 million | 0.01 | ||
| Equal ore more than KRW 500 million | 0.05 | ||
| Equal ore more than KRW 1 billion | 0.15 | ||
| Premier MMDA (tier) |
Less than 3 billion | No interest |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of each month, and to be paid on the next calendar date * Interest rate by EOD(End of Day) balance applied to the overall balance (Example) Where the balance is KRW 50 billion - 0.25%p applied to total KRW 50 billion |
| Equal or more than KRW 3 billion | 0.10 | ||
| Equal or more than KRW 5 billion | 0.15 | ||
| Equal or more than KRW 10 billion | 0.20 | ||
| Equal or more than KRW 50 billion | 0.25 | ||
| Equal or more than KRW 100 billion | 0.30 | ||
| Premier MMDA (transaction) |
Less than KRW 3 billion | 0.10 |
* Interest paid even for one-day deposit * Interest to be calculated and paid when withdrawal requested (No regular interest cycle) * Interest rate by EOD(End of Day) balance applied to the overall balance (Example) Where the balance is KRW 50 billion - 0.25%p applied to total KRW 50 billion |
| Equal ore less than KRW 3 billion | 0.10 | ||
| Equal ore less than KRW 5 billion | 0.15 | ||
| Equal ore less than KRW 10 billion | 0.20 | ||
| Equal ore less than KRW 50 billion | 0.25 | ||
| Equal ore less than KRW 100 billion | 0.30 | ||
| The Plus MMDA | Less than 5 million | No interest |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of each month, and to be paid on the next calendar date * Interest rate by EOD(End of Day) balance applied to the overall balance (Example) Where the balance is KRW 1 billion - 0.15%p applied to total KRW 1 billion |
| Equal or more than KRW 5 million | 0.01 | ||
| Equal or more than KRW 10 million | 0.01 | ||
| Equal or more than KRW 50 million | 0.01 | ||
| Equal or more than KRW 100 million | 0.01 | ||
| Equal or more than KRW 500 million | 0.01 | ||
| Equal or more than KRW 10 billion | 0.15 | ||
| Subcontractor Guardian Deposit | Over a day | 0.01 |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of Jan/Apr/Jul/Oct, and to be paid on the next calendar date * First-in First-out(FIFO) applied |
| MR Hybrid | Less than KRW500,000 | 0.01 |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of Jan/Apr/Jul/Oct, and to be paid on the next calendar date * First-in First-out(FIFO) applied * Revolving loan available if bank grants credit facility |
| Equal ore more than KRW 500,000 | 0.01 | ||
| Equal ore more than KRW 100 million | 0.01 | ||
| Equal ore more than KRW 500 million | 0.05 | ||
| Equal ore more than KRW 1 billion | 0.15 | ||
| Current Account | - | - | * No interest as per Terns and Conditions |
| Foreign Currency Current Account | - | - | * No interest as per Terns and Conditions |
| Foreign Currency Ordinary Deposit | Over a day | 0.01 (EUR/ CHF/JPY/ DKK: 0) CNY: 0.1 |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of Mar/Jun/Sep/Dec, and to be paid on the next calendar date For Legacy Citi deposits, interest to be calculated on the last business day of Feb/Aug, and to be paid on the next business day |
| Multi Foreign Currency Deposit | Over a day | 0.01 (EUR/ CHF/JPY/ DKK: 0) CNY: 0.1 |
* Able to open the account in maximun 6 currencies * Interest paid even for one-day deposit * Interest to be claculated on the last business day of Mar/Jun/Sep/Dec, and to be paid on the next calendar date |
| Premium Foreign Currency Passbook Account(Tier) | Less than USD 1 million | No interest |
* Interest paid even for one-day deposit * Interest to be claculated on the last business day of the 2nd week of each month, and to be paid on the next calendar date * Interest rate by EOD(End of Day) balance applied to the overall balance (Example) Where the balance is USD 4 million - 0.01%p applied to total USD 4 million |
| Equal or more than USD 1 million | 0.01 | ||
| Equal or more than USD 3 million | 0.01 | ||
| Equal or more than USD 5 million | 0.01 | ||
| Equal or more than USD 10 million billion | 0.01 |
Term Deposits Rate (%, per annum, before tax)
| Type | Condition | Corporate | Remark |
| Time deposit (Maturity Payment Type) |
Equal or more than 1 month | 0.20 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 5 years * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 0.1% (per annum) |
| Equal or more than 3 months | 0.25 | ||
| Equal or more than 6 months | 0.30 | ||
| Equal or more than 12 months | 0.35 | ||
| Equal or more than 24 months | 0.35 | ||
| 36 months | 0.35 | ||
| 60 months | 0.35 | ||
| Time deposit (Interest Payment Type) |
Equal or more than 1 month | 0.10 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 5 years * Interest to be paid by dividing the aggregate interest calculated on a daily basis equally by the number of relevant months Interest applicable to the number of days less than 1 month to be paid at the time of the termination with the principal * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 0.1% (per annum) |
| Equal or more than 3 months | 0.15 | ||
| Equal or more than 6 months | 0.20 | ||
| Equal or more than 12 months | 0.25 | ||
| Equal or more than 24 months | 0.25 | ||
| 36 months | 0.25 | ||
| 60 months | 0.25 | ||
| Non-breakable Time Deposit (for professional investors) |
Equal or more than 1 month | 0.40 |
* Minimum credit balance - equal or more than KRW 1 billion * Equal or more than 1 month, equal or less than 6 months * Customers who are eligible for this product are professional investors (as defined in Paragraph 5 of Article 9 of the Financial Investment Services and Capital Markets Act) * Deposit account NOT able to be terminated prior to maturity date * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 1.0% (per annum) |
| Equal or more than 3 months | 0.45 | ||
| Equal or more than 3 months | 0.50 | ||
| Freestyle Deposit Accounts (Maturity Payment Type) |
Equal or more than 1 month | 0.20 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 3 years * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 0.1% (per annum) |
| Equal or more than 3 months | 0.25 | ||
| Equal or more than 6 months | 0.30 | ||
| Equal or more than 12 months | 0.35 | ||
| Equal or more than 24 months | 0.35 | ||
| 36 months | 0.35 | ||
| 60 months | 0.35 | ||
| Freestyle Deposit Accounts (Interest Payment Type) |
Equal or more than 1 month | 0.10 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 3 years * Interest to be paid by dividing the aggregate interest calculated on a daily basis equally by the number of relevant months(1/2/3 months) * Interest applicable to the number of days less than 1 month to be paid at the time of the termination with the principal * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 0.1% (per annum) |
| Equal or more than 3 months | 0.15 | ||
| Equal or more than 6 months | 0.20 | ||
| Equal or more than 12 months | 0.25 | ||
| Equal or more than 24 months | 0.25 | ||
| 36 months | 0.25 | ||
| 60 months | 0.25 | ||
| Free Revolving Deposit (Maturity Payment Type) * Currently not offerred |
Equal or more than 1 month | 0.70 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 30 years * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 1.0% (per annum) |
| Equal or more than 3 months | 0.80 | ||
| Equal or more than 6 months | 0.90 | ||
| Equal or more than 12 months | 1.00 | ||
| Equal or more than 24 months | 1.00 | ||
| 36 months | 1.00 | ||
| Free Revolving Deposit (Interest Payment Type) * Currently not offerred |
Equal or more than 1 month | 0.60 |
* Minimum credit balance - equal or more than KRW 1 million * Equal or more than 1 month, equal or less than 30 years * Post-maturity interest rate - Within a month after maturity date : Basic rate of 1-month Time Deposit announced on the maturity date - Over a month after maturity date : 1.0% (per annum) |
| Equal or more than 3 months | 0.70 | ||
| Equal or more than 6 months | 0.80 | ||
| Equal or more than 12 months | 0.90 | ||
| Equal or more than 24 months | 0.90 | ||
| 36 months | 0.90 | ||
| Foreign Currency Time Deposit | Less than 8 days | Revised on a weekly basis |
* Minimum credit balance - equal or more than USD 100 or equivalent * Equal or more than 7 days, equal or less than 5 years * Post-maturity interest rate - A half of applied interest rate (But, the post-maturity date cannot exceed applied interest rate on the booking date) |
| Less than 1 month | |||
| Less than 2 months | |||
| Less than 3 months | |||
| Less than 6 months | |||
| Less than 12 months | |||
| Equal or more than 12 months |
Interest rate on early termination of Time deposit and Freestyle deposit account (NCD and Covered Bill excluded)
■ Korea Won Term Deposit
- Interest on early termination = Principal x Interest rate on early termination x days after booking date ÷ 365
| Days after booking date | Rate for early termination |
| Less than 1 month | 0.10% |
| Equal or more than 1 month | 0.15% |
| Equal or more than 2 month | 0.20% |
| Equal or more than 3 month | Credit rate x (1-Deduction rate) (i) Deduction rate = Constant K x (Remaining months from closing date to maturity date) ÷ (Contract month) (ii) Constant K=1.0 (iii) Round-up - remaining days less than 1month · Open date : 10-Sep-2017 · Tenor : 12month · Closing date : 16-Aug-2018 · Remaining months from closing date to maturity date : 1month(round up 26 days to 1 month) · Contract month : 12month ⇒ Deduction rate = 1.0 x 1 ÷ 12 = 0.08 |
■ Foreign Currency Term Deposit
- within a week after booking date : Interest rate x (1 - *Deduction rate)
* Deduction rate = Remaining days from closing date to maturity date / Contracted days
- Over a week after booking date : 1/3 of Credit rate
- Over a month after booking date : 1/2 of Credit rate
- Over three months after booking date : 2/3 of Credit rate
Interest rate on early termination of Free Revolving Deposit
(1) Early termination during the 1st cycle
(i) Less than 15 days after booking date : 0.1% (per annum, before tax)
(ii) Equal or more than 15 days after booking date : 1.0% (per annum, before tax)
(2) Early termination after the 1st cycle
(i) Termination on the last date of the clycle : Credit rate for the cycle
(ii) Termination after the last date of the clycle
· Until the last date of the last cycle : Credit rate for each cycle
· From the last date of the last cycle to early termination date : 1.0% (per annum, before tax)
Installment Deposits Rate (%, per annum, before tax)
| Type | Condition | Corporate | Remark |
| Installment Deposit * Currently not offerred |
Equal or more than 6 month | 0.80 |
* Equal or more than 6 months, equal or less than 5 years * Post-maturity interest rate - Within a year after maturity date : 1/2 of credit rate of 1-year Installment Deposit announced on the maturity date - Over a year after maturity date : 1.0% (per annum, before tax, as of Nov. 5, 2018) - Post-maturity interest rate is calculated based on the principal |
| Equal or more than 12 months | 0.90 | ||
| Equal or more than 24 months | 1.00 | ||
| Equal or more than 36 months | 1.00 | ||
| Citi Free Installment Deposit * Currently not offerred |
Equal or more than 1 month | 0.30 | * Equal or more than 6 months, equal or less than 5 years |
| Equal or more than 3 months | 0.60 | ||
| Equal or more than 6 months | 0.70 | ||
| Equal or more than 9 months | 0.80 | ||
| Equal or more than 12 months | 1.00 | ||
| Equal or more than 18 months | 1.00 | ||
| Equal or more than 24 months | 1.20 | ||
| Equal or more than 36 months | 1.40 |
Interest rate of early termination of Installment Deposits
■ Early termination interest by credit transaction = Each credit amount x Early termination rate x days ÷ 365
■ Aggregated interests of each early termination interest by credit transaction are paid after withholding tax deduction as per local tax law.
| Days after booking date | Rate for early termination |
| Less than 1 month | 0.10% |
| Equal or more than 1 month | 0.15% |
| Equal or more than 2 month | 0.20% |
| Equal or more than 3 month | Credit rate x (1-Deduction rate) (i) Deduction rate = Constant K x (Remaining months from closing date to maturity date) ÷ (Contract month) (ii) Constant K=1.2 (iii) Round-up - remaining days less than 1month · Open date : 10-Sep-2017 · Tenor : 12month · Closing date : 16-Aug-2018 · Remaining months from closing date to maturity date : 1month(round up 26 days to 1 month) · Contract month : 12month ⇒ Deduction rate = 1.2 x 1 ÷ 12 = 0.1 |
