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The Peso Time Deposit is an interest-bearing deposit evidenced by a certificate issued by the Bank in favor of the depositor with a specific maturity period.
Product Features
| Minimum Initial Deposit |
P10,000 |
| Maintaining Balance |
P10,000 |
| Interest Earning Balance |
P10,000 |
| Interest Rate |
Refer to Table of Interest Rates |
| Terms |
30, 60, 90, 180, 360 days, up to 5 years |
| Withholding Tax |
20% |
| PDIC Coverage |
P500,000 |
| Evidence by a Certificate |
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| Fund Access |
Over-The-Counter
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