Savings / Time Deposit


Deposits are insured by PDIC up to P500,000 per depositor.
Rates:

Regular savings account: 1.5% per annum
Time deposit: 

Term  Rate
30 days to 179 days 2.5% per annum
180 days 4% per annum

 

Minimum requirements:

  • P 1,000.00 minimum saving deposit
  • P 30,000.00 minimum initial time deposit

For Individual/Joint accounts:

  • 2 Valid identification card
  • 1x1 or 2x2 Picture

For Corporate accounts

  • 2 Valid identification card of signatories
  • 1x1 or 2x2 picture of signatories
  • Board resolution
  • By-laws
  • Articles of incorporation
  • SEC registration
  • General Information Sheet
  • Secretary Certificate