中文：

本息转存是指存款到期后，银行自动将本金和利息合并作为新的本金进行续存，以方便客户不用每次到期后再到银行办理转存手续。这种存款方式通常适用于一年期及以下的短期存款，因为这些存款的期限较短，客户可能没有足够的时间和精力在存款到期后亲自到银行办理转存手续。

本息转存有几种不同的方式，其中最常见的是自动转存和约定转存。自动转存是指银行自动将到期的存款本金和利息合并，并作为新的本金进行续存，利率按转存当日挂牌公告的相应期限档次利率执行。而约定转存是指客户与银行约定在定期储蓄到期日由银行自动为其转存新的定期储蓄，其中可包括多次本金续存和利息续存的状况。

本息转存的优点在于可以避免客户在存款到期后忘记到银行办理转存手续，从而造成利息损失。同时，本息转存也可以帮助客户在不需要亲自到银行的情况下，自动将短期存款续存为新的短期存款，从而省去了客户到银行办理转存手续的时间和精力。

英文：

Interest-bearing deposit refers to a bank automatically combining the principal and interest to form a new principal for automatic deposit upon maturity of the deposit. This deposit method is usually applied to short-term deposits of one year or less, as these deposits have a short period, and customers may not have sufficient time and energy to go to the bank and handle the deposit conversion procedures after maturity.

There are several different ways of interest-bearing deposit conversion, the most common of which are automatic conversion and agreement conversion. Automatic conversion refers to the bank automatically combining the principal and interest of the expired deposit to form a new principal for automatic deposit, with the interest rate applied according to the corresponding term and interest rate announced on the day of conversion. Agreement conversion refers to customers agreeing with the bank to automatically convert the expired time-deposit into a new time-deposit upon its maturity. This can include multiple principal and interest conversions.

The advantage of interest-bearing deposit conversion lies in avoiding customers forgetting to go to the bank and handle conversion procedures after the deposit matures, thus losing interest. At the same time, interest-bearing deposit conversion can help customers automatically convert short-term deposits into new short-term deposits without going to the bank, saving time and energy.