Regular Time Deposit

• Time Deposits represent interest-bearing deposits with specific maturity dates and evidenced by Certificate of Time Deposit issued by the Bank.    
• Minimum amount of deposit - P 10,000.00  
• Minimum term of deposit   - 90 days  
• Earns higher interest compared with regular savings  account  
• With certificate of time deposit  
• Interest is subject to the 20% withholding tax 

 
​Requirements in Opening Account   
 For individual /joint accounts

• Two 2x2 I.D picture  
• 1 valid Identification card

 For Corporate accounts  

• Articles of Incorporation   
• SEC registration  
• Notarized BOD Resolution  
• 2x2 pictures  
• Valid Identification cards  

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'storya ta!