Time Deposit (Certificate)

A deposit product which is evidenced by a certificate of time deposit issued by the Bank with a fixed maturity date and earning an interest rate as specifically agreed upon by the Bank and the depositor. Interest rate shall be reviewed periodically and is subject to change considering changes in market rates.

Interest per Annum

200,001 - 499,9991.500%
500,000 -1M1.625%
1,000,001 - 5M1.750%
Above 5M1.875%
AMOUNT OF DEPOSITS91 to 180 days
200,001 - 499,9991.500%
500,000 -1M1.625%
1,000,001 - 5M1.750%
Above 5M1.875%
AMOUNT OF DEPOSITS181 to 365days
200,001 - 499,9991.625%
1,000,001 - 5M1.875%
Above 5M2.000%
AMOUNT OF DEPOSITS366 to 730 days
200,001 - 499,9991.750%
500,000 -1M1.875%
1,000,001 - 5M2.000%
Above 5M2.125%
a. Customers who are willing to provide all necessary information and documents.
b. Age – Minors who are seven (7) years old and above but below eighteen (18), could also open a savings or time deposit account without parental consent or assistance of the guardian, provided that the following standards are met:
✓ Able to read and write
✓ Have sufficient discretion and
✓ Not disqualified by any other incapacity
c. Nationality – All customers from different countries are allowed to open an account as long as the proper profiling and KYC procedures are met, especially on customers from high-risk countries, embassy officials and diplomats.
d. Jurisdiction – Domestic and foreign corporations are allowed to open an account, subject to proper profiling and KYC procedures.
e. Residency – Residents and non-residents are allowed to open an account.
f. Capacity – Account opening may be allowed for persons who have physical defects but are able to understand the nature and consequences of their acts and whether they can manifest their consent to a given transaction.
g. Financial and Social Status – The bank shall accept all customer regardless of their financial and social status.
Acceptable Valid ID’s
a. Valid Passportk. Senior Citizen card
b. Driver's Licensel. Overseas Workers Welfare Administration (OWWA) ID
d. NBI clearancen. Seaman's Book
e. Police clearanceo. Government Office, Government Political Subdivisions/Instrumentalities, and Government-owned and/or Controlled Corporations (GOCCs) issued IDs [e.g., Armed Forces of the Philippines and HDMF ID]
f. Postal IDp. ID issued by National Council on Disability Affairs (NCDA)
g. Voter's IDq. Department of Social Welfare and Development (DSWD) Certification
h. Barangay certification [note: additional valid ID issued]r. Integrated Bar of the Philippines ID
i. Government Services and Insurance System (GSIS) e-cards. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC, or Insurance Commission (IC) [Note: The information therein must be validated by another document such as birth certificate to validate birth date or any document evidencing the address, among others.]
i. Government Services and Insurance System (GSIS) e-cardt. PhilHealth Health Insurance card ng bayan.

IDs should be:

  • ✓ Clear
  • ✓ Un-expired (for IDs with expiration date)
  • ✓ Bears photograph and with signature of the individual-owner
  • ✓ Signed by an official authority and whose authenticity may be verified with said agencies/instrumentalities
  • ✓ Free from alterations
  • ✓ Preferably bears the security features or seal (if applicable) provided by the issuing agencies/instrumentalities that will prevent tampering of the ID.