Wealth Multiplier
A long-term peso time deposit with terms ranging from 18 months to 3 years. Interest is credited monthly to the customer’s TD settlement account. A Confirmation of Time Deposit is issued as proof of deposit.
Initial Deposit | Php 100,000 for OFWs with current overseas employment contract Php 500,000 for Regular Clients |
Term | 18 mos, 2yrs or 3yrs |
Interest Rate | Click here to view |
Interest Payment | Monthly Interest Out |
Maturity Disposition | Auto renew upon Maturity |
Withholding Tax | 20% of interest earning |
Currency | PHP |
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.
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Deposits are insured by PDIC up to P1 Million per depositor. |
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Deposits are insured by PDIC up to P1 Million per depositor. |