Regular Time Deposit
A multi-currency Time Deposit for short term placements starting at 30 days. Term and interest disposition options are available. A Confirmation of Time Deposit is issued as a proof of deposit. TD interest and proceeds are credited to a nominated TD Settlement Account upon redemption or pre-termination.
| Initial Deposit | Php 10,000 |
| Term | 30-360 days |
| Interest Rate | Click here to view |
| Interest Payment | Compounded at Maturity / Monthly Interest Out |
| Maturity Disposition | Auto renew upon Maturity |
| Withholding Tax | 20% of interest earning |
NOTE: In case the time deposit is terminated prior to maturity date, applicable taxes and charges shall be for the client’s account and deducted from the net proceeds of the time deposit.