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Notice on Upgrading Deposit System of China Minsheng Banking Co., Ltd (The 6th Batch)

Dear customers,


To continuously improve our services on deposit business, China Minsheng Banking Co., Ltd (hereinafter referred to as “the Bank”) is going to upgrade the deposit system for Beijing Management Department and Wuhan Branch (including Xiangfan Sub-branch and Yichang Sub-branch) (hereinafter referred to as “the 6th Batch banks") from 11:00PM, May 24, 2013 to 11:00PM, May 25, 2013. During this period, the deposit systems of the online banks (including the branches and sub-branches in Changchun,Guangzhou, Shantou, Dalian, Taiyuan, Chongqing, Xi’an, Chengdu, Tianjin, Zhengzhou, Hefei, Nanchang, Nanning, Hohhot,Shenyang, Hangzhou, Nanjing, Shijiazhuang, Fuzhou, Jinan, Ningbo, Kunming, Quanzhou, Suzhou, Qingdao, Wenzhou, Xiamen,Changsha, Shanghai and Shenzhen) and the 6th Batch banks will experience the following impacts on various businesses:  I.Impact on Business of the 6th Batch Banks  During 11:00PM, May 24, 2013 and 12:00PM, May 25, 2013 (not later than 11:00PM,May 25, 2013), for the 6th Batch banks all businesses will be suspended, including all services at banking points, online
bank, telephone bank, self-service bank, Leshouyin, POS, Union inter-banks, PoB small transactions services/tax


services/online inter-bank services.  II Impact on Business of the Upgraded Banks During 11:00PM, May 24, 2013 and 12:00PM,May 25, 2013 (not later than 11:00PM, May 25, 2013), as for the customers of upgraded banks (not including credit card customers), all businesses will be suspended, including all services at banking points, online bank, telephone bank, self-service bank, Leshouyin, POS, Union inter-banks, PoB small transactions services/tax services/online inter-bank services.  

III Impact on Credit Card Business  During 11:00PM, May 24, 2013 and 01:00 PM, May 25, 2013, the businesses on credit cards

which have been granted via the self-service banks will be suspended; the businesses of other credit cards granted via other channels and banks will be not affected.

During 11:00PM, May 24, 2013 and 12:00PM, May 25, 2013 (not later than 11:00PM, May 25, 2013, the businesses for the customers of credit cards granted via physical banks and self-service banks will be suspended; the businesses of other credit cards granted via other channels and banks will be not affected.  During the upgrading period, the businesses for agreement customers will continue as usual. But the processing time might be delayed.  After the upgrading is completed, all businesses will be resumed. If the upgrading work is finished in advance, the Bank will resume all businesses in advance.  IV After the Upgrading, There Might Be the Following Changes for the 6th Batch Banks  

1. As for the Money-for-Money A Account, it will be automatically upgraded into Exclusive Money C Account. If you have deposited money in the Money-for-Money A Account for more than one year (not including one year), we will follow the principle of return first and transfer you money with a deposit term of more than one year to your debit card account for the same fixed period. Should you have any funding needs, you can call 95568 self-service center, use online bank, self-service bank and physical banks to make your time deposit current and withdraw your money in the current account.  

2. As for the Current Account Book, Time Deposit Account Book, Common Account Book, Deposit Receipt, National Debt Payment Certificate, the terms of payment will be changed from payment of book and stamp to payment of valid ID papers.  

3. The rules on the business of the affiliated cards of the debit cards of the upgraded banks are the following: on the current settlement account fund can be used by the affiliated cards within the scope of grant; the cash/foreign exchange fund of current settlement account of the main card can be used for the international affiliated cards; the granted amount of the deposit affiliated card will not be changed and the granted amount of foreign currency is denominated at the middle price of
the exchange rate between the foreign currency and RMB on the same day; the non-current settlement account can not be used by the affiliated cards of the banks to be upgraded any more

4. According to regulatory provisions, agreement shall be signed and a transaction amount be set for ATM transactions. After the system upgrading is completed, the debit cards with a history of ATM transaction in recent two years but no agreement signed, they shall be deemed that an agreement has been signed on ATM transactions. Should you have any dispute, please contact our physical banks for maintenance of ATM transactions. As for other card holders who have not agreed to ATM
transactions of the 6th Batch banks, please go to our physical banks and perform agreement procedures before making any ATM transactions.  

5. The rules on the Money-for-Money B Business of the 6th Batch banks have been changed:

(1) As for the agreement customers, the Minsheng Card has become the Domestic/Foreign Currency Current Account under the Minsheng Card and the customers shall designate the types of foreign currency when signing agreement; in the future, in the future, if the customers want to set up or the Bank automatically sets up the domestic/foreign currency, please contact our physical banks and online bank for signing agreement on such foreign currency account;
(2) The designated period has been changed from one day to seven days, and the return shall be calculated on 1-day interest rate of notice deposit for the Money for Money B Account funds;
(3) The limitations on the principal under the Money for Money B Account will be cancelled which means that when the agreement accounts meet the agreed terms for automatic purchases, no limitation on whole RMB or units of foreign currency is set;  
(4) The matured moneys, withdrawal of money under the Money for Money B Account, the principle and returns shall be automatically transferred to the current account of the corresponding currency and cash foreign exchange, if the conditions are met on the day, a new transaction can be made automatically.
(5) The changes on the business rules and other items shall be published in the new agreement text of the Bank and shall be deemed as the amendments and supplementary articles of the previous agreement prior to signing of the Money for Money B Account agreement. The new Money for Money B Account agreement shall come into effect as of the date of publication. As for those who have not opened the Money for Money B Account, please sign with the Bank on the new agreement. VI The business rules on fixed deposit by installments at the upgraded and to-be-upgrade banks have been changed as the following:

1. All continued deposits (including omitted deposits0 shall be completed by the system. And the customers should deposit full amounts into the affiliated current account prior to the end of the business day. Two deductions are made automatically by our bank during each month (if the first attempt fails, no second deduction shall be made). The date of deduction is the day corresponding to the date of opening account during each month and the last day of each month.

2. When the term expires, the account will be cancelled automatically and the principal and interests will be automatically transferred into the current account; before upgrading of the system, the matured accounts will be canceled and the money transferred on the first business day after the upgrading of the system; as for customers who do not have affiliated current account which will be matured before the system upgrading, we recommend you to come to our physical banks and cancel your account.  Thank you for your continued support and trust! To minimize the impact on you by the system upgrading, we remind you that preparations should be made for using funds! Should you have any questions, please feel free to contact our customer

hotline 95568 at any time!

 

Sorry for the inconveniences we will be bringing to you!


China Minsheng Banking Co., Ltd 

May 13, 2013

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