If it is less than 50,000 yuan, the payer needs to carry his ID card, depositor's ID card, bank card and know the withdrawal password before withdrawing money. If it exceeds 50,000 yuan or the funds are relatively large, parents need to write a power of attorney (signature, handprint) in person, and then bring their ID cards. Withdrawal also requires the depositor's ID card, bank card and withdrawal password. The withdrawal requirements of different banks may be different. Please refer to the regulations of each bank for details.
Children handle time deposits for the elderly.
Nowadays, many elderly people want to entrust their children to take out bank time deposits because of their physical inconvenience. Many people don't know much about it and don't know how to take it. Then, can children withdraw time deposits? Let's take a look. Children can withdraw time deposits from the bank on their behalf.
If it is a time deposit on a bank card, the amount can be less than 50 thousand, and you can take it out at the bank ATM with the bank card; If the amount is more than 50 thousand, you need to take your ID card and bank card to the bank counter to take it out. If it is a fixed passbook or deposit certificate, whether it expires.
To take out the valid identity documents of the agent and the head of the household, you need to pick them up at the bank counter. In addition, passbooks and certificates of deposit cannot be withdrawn from different places. Passbooks can be withdrawn from any local bank, and certificates of deposit can only be withdrawn from the bank. Time deposit, also known as "time deposit certificate", is a kind of deposit in which the bank and the depositor agree on the term and interest rate in advance when depositing, and withdraw the principal and interest after maturity.