An interest bearing peso deposit placement with fixed period of time. Rate of interest depend on terms and amount of deposit. It is evidenced by Certificate of Time Deposit (CTD).

 

Features

Minimum Deposit Requirement - P1,000

Interest Rate - 1.325% p.a.

Documentation - Certificate of Time Deposit

 

Basic Requirements

FOR INDIVIDUALS

Any two (2) valid IDs issued by “Official Authority”

 

FOR SOLE-PROPRIETORSHIPS

Two (2) valid IDs of the registered owner plus:

 

FOR PARTNERSHIPS

 

FOR CORPORATIONS

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