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.
|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|
- Yields higher interest earnings than regular savings.
- The deposit can be used as loan collateral.
Requirements Click here