Philippine-based Time Savings Accounts

US Dollar Time Deposit. A high-yielding US Dollar deposit account

Details

• Initial Deposit: US$5000
• Minimum Holding Period 30days
• Maximum Holding Period 360days
• Interest Rate: by term
• Interest Payment: Upon maturity (Auto compounded)
• Pre-termination Penalty:
  • Less than ½ of term – ¾ of interest rate
  • More than ½ of term – ½ of interest rate

Opening Requirements (Individual/Joint Account)

• Proof of ID (valid passport) read more
• Proof of Address (original utility bill, bank statement, credit card statement, council tax notices) read more
• Completed application form
• 2 signature cards
• 2pcs 1x1 ID picture