 |
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Used primarily for safekeeping of funds |
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Evidenced by a passbook |
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Initial deposits of P100.00 |
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Minimum placement of P10,000.00 |
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Minimum term 90 days |
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Higher interest rates than savings account |
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Minimum placement of P100,000.00 |
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With FREE Life Insurance |
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Term 5 years |
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Interest withdrawable monthly and repriceable annually |
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Not subject to 20% Withholding Tax, provided deposit is not pre-terminated |
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Direct of Regular Current Accounts |
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Automatic Transfer Agreement (ATA) |
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Personal or business accounts |
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Used by individuals or enterprises to support their personal or business requirements |
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Most effective and convenient way of effecting payments by the use of checks |
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Included in Manila Clearing |
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Products 
