Products > Deposits
REGULAR SAVINGS ACCOUNT
- Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
- Transactions can only be done via over the counter on its domicile branch.
- Uses passbook to monitor transactions.
- Deposits are insured by PDIC up to P500,000.00 per depositor.
Details | Terms |
---|---|
Minimum Initial Deposit | Php 500.00 |
Maintaining Balance | Php 200.00 |
Withholding Tax Rate | 20% |
Interest Rate | 0.35% |
Interest Credited | Monthly |
ADB Requirement | Php 500.00 |
Required ADB to Earn Interest | Php 500.00 |
Below Maintaining (ADB) Charge | Php 50.00 |
Security |
Requirements :
- 2 Valid Government issued IDs
- Driver’s License
- Professional Regulation Commission (PRC) ID
- Passport
- Senior Citizen ID
- SSS ID
- COMELEC / Voter’s ID / COMELEC Registration Form
- Philippine Identification (PhilID)
- NBI Clearance
- Integrated Bar of the Philippines (IBP) ID
- TIN
- Philippine Postal ID
- Phil-health ID
- Other valid government-issued IDs or
- Documents with picture and signature
- Company or School ID
- 2 pcs 1×1 Picture
Download Forms :
BASIC DEPOSIT ACCOUNT
- Interest-bearing Savings Account, which allows deposit & withdrawals (with approval from BT/BC/BM) over the counter with the use of passbook.
- Transactions can only be done via over the counter on its domicile branch.
- Uses passbook to monitor transactions.
- PDIC insured up to P500,000.00
Details | Terms |
---|---|
Initial Deposit | Php 50.00 |
Maintaining Balance | Php 50.00 |
Withholding Tax Rate | 20% |
Interest Rate | 0.25% |
Interest Credited | Quarterly |
ADB Requirement | Php 50.00 |
Required ADB to Earn Interest | |
Below Maintaining (ADB) Charge | Php 50.00 |
Security |
Requirements :
- 2 Valid Government issued IDs
- Driver’s License
- Professional Regulation Commission (PRC) ID
- Passport
- Senior Citizen ID
- SSS ID
- COMELEC / Voter’s ID / COMELEC Registration Form
- Philippine Identification (PhilID)
- NBI Clearance
- Integrated Bar of the Philippines (IBP) ID
- TIN
- Philippine Postal ID
- Phil-health ID
- Other valid government-issued IDs or
- Documents with picture and signature
- Company or School ID
- 2 pcs 1×1 Picture
Download Forms :
REGULAR TIME DEPOSIT
- Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
- Transactions can be done via over the counter on its domicile branch.
- PDIC insured up to P500,000.00
Details | Terms |
---|---|
Minimum Initial Placement | Php 10,000.00 |
Placement Term | 30days-4 Years |
Withholding Tax Rate | 20% |
Documentary Stamps | – |
Pre-Termination Penalty | – |
Requirements :
- 2 Valid Government issued IDs
- Driver’s License
- Professional Regulation Commission (PRC) ID
- Passport
- Senior Citizen ID
- SSS ID
- COMELEC / Voter’s ID / COMELEC Registration Form
- Philippine Identification (PhilID)
- NBI Clearance
- Integrated Bar of the Philippines (IBP) ID
- TIN
- Philippine Postal ID
- Phil-health ID
- Other valid government-issued IDs or
- Documents with picture and signature
- Company or School ID
- 2 pcs 1×1 Picture
Download Forms :
5-YEAR TIME DEPOSIT
- Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of (5) five years. Interest earned is credited every 365 calendar days in first year.
- Interest income earned by the depositor is waived from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to Php 500,000.00
Details | Terms |
---|---|
Minimum Initial Deposit | Php 500,001.00 |
Placement Term | 5 years |
Withholding Tax Rate | |
Documentary Stamps | – |
Pre-Termination Policy
Tenor | Percentage |
---|---|
less than 365 days (1 year below) | 20% |
less than 730 days (1-2 years) | 20% |
less than 1,095 days (2-3 years) | 12% |
more than 1,095 days (3-5 years) | 5% |
Requirements :
- 2 Valid Government issued IDs
- Driver’s License
- Professional Regulation Commission (PRC) ID
- Passport
- Senior Citizen ID
- SSS ID
- COMELEC / Voter’s ID / COMELEC Registration Form
- Philippine Identification (PhilID)
- NBI Clearance
- Integrated Bar of the Philippines (IBP) ID
- TIN
- Philippine Postal ID
- Phil-health ID
- Other valid government-issued IDs or
- Documents with picture and signature
- Company or School ID
- 2 pcs 1×1 Picture
Download Forms :
