CHECKING

ACCOUNT OPENING

At Bank of China - New York, a minimum deposit of $1,000 is required to open a personal checking account, and $3,000 for a commercial account. Deposits, withdrawals, transfers in or out and check writing can be done at any time within the limits of your available balance. You will receive a monthly statement. Transaction service fees and maintenance charges are waived when you maintain a minimum monthly balance of $1,000 / $3,000; otherwise you will pay a monthly maintenance fee.

Bank of China - New York reserves the right to revise minimum balances and fee structures upon notice