Regular Time Deposit – PHP
A short-term peso time deposit for short-term placements starting at 30 days. Clients can choose their preferred term and how they receive interest. A Confirmation of Time Deposit is issued as proof of deposit. Upon redemption or pre-termination, interest and proceeds are credited to a nominated TD Settlement Account.
| 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.
 |
Deposits are insured by PDIC up to P1 Million per depositor. |
|
Deposits are insured by PDIC up to P1 Million per depositor. |