Peso Time Deposit

A certificate based term placement that provides higher interest rate than regular savings account. Interest rate is determined based on the amount and term of deposit.

Product Features

Initial Placement for Personal / Individual Accounts Php 20,000.00
Initial Placement for Corporate / Government Accounts Php 50,000.00
Interest Rate Click here to view prevailing rates
Evidence of Deposit Certificate of Time Deposit
Term 30 to 364 days
Service Fees: Pre-termination charges Penalty + Withholding tax + Doc stamps

Benefits

  • Yields higher interest earnings than regular savings.
  • The deposit can be used as loan collateral.

Requirements  Click here