Earn competitive, fixed returns on your corporate, government, or institutional funds with a placement term that fits your cash flow plans.
Earn attractive, fixed interest on funds you don't need for day-to-day operations.
Choose from 30- to 360-day terms so your placement matures right when you need the funds.
Place your corporate time deposit in Philippine Peso or U.S. Dollar, whichever suits your treasury needs.
Select the currency and placement term that best matches your company's cash flow and treasury plans.
Rates and features are indicative and may change without prior notice, subject to Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your Relationship Officer.
PLACEMENT | INTEREST RATE (P.A.) | MINIMUM PLACEMENT | INTEREST CREDITING |
Peso Time Deposit | Prevailing time deposit rate | ₱10,000 | At maturity |
U.S. Dollar Time Deposit | Prevailing time deposit rate | $5,000 | At maturity |
Interest earned is subject to the 20% final withholding tax. Rates shown are indicative and may be revised by the Bank in line with prevailing market and BSP conditions.
FEE / CHARGE | AMOUNT | REMARKS |
Minimum placement (Peso) | ₱10,000 | Corporate and government accounts |
Minimum placement (USD) | $5,000 | Corporate accounts |
Pre-termination fee | Repriced to prevailing savings rate | Applies if the placement is withdrawn before maturity |
Auto-rollover | Free | Applied at maturity unless the Bank receives other instructions |
Certificate of Time Deposit issuance | Free | Issued upon placement |
CTD replacement (lost/damaged) | ₱200 | Per certificate |
Bank certification / statement of account | ₱100 | Per copy |
Maturity proceeds via PESONet | ₱30 | Per transaction |
Maturity proceeds via InstaPay | ₱25 | Per transaction, up to ₱50,000 |
Documentary stamp tax | Per BIR schedule | On issuance of the Certificate of Time Deposit |
Account closure before maturity | Subject to pre-termination fee | See Pre-termination fee above |
Bank certification for external use | ₱150 | Per copy, notarized |
Interest earned is subject to the 20% final withholding tax. Rates shown are indicative and may be revised by the Bank in line with prevailing market and BSP conditions.
Domestic corporations and partnerships registered with the SEC
National and local government agencies, GOCCs, and LGUs
Cooperatives, foundations, and other juridical entities
Sole proprietorships and other business entities
SEC Certificate of Registration and Articles of Incorporation/Partnership
Latest General Information Sheet (GIS) or equivalent
Board Resolution / Secretary's Certificate naming authorized signatories
Valid government-issued ID(s) of authorized signatories, plus initial placement amount
Use our Branch & ATM locator to find a branch near you. No appointment required for account opening.
Present your valid ID(s), TIN, and the initial deposit for your chosen savings account.
Our branch staff will guide you through the Account Opening Form and Signature Card, and help you choose passbook and/or ATM.
Make your initial deposit and receive your passbook and/or ATM card. You're ready to save and enroll in digital banking.
Download and accomplish these forms before meeting your Relationship Officer. All files are in PDF format.
FATCA / CRS Self-Certification
Tax residency declaration · 1 pages
Beneficial Ownership Declaration
AMLA compliance · 1 pages
Corporate Account Opening Form
Corporate deposit accounts · 1 pages
Corporate Signature Card
Authorized signatories · 1 pages
Secretary's Certificate (template)
Naming authorized signatories · 1 pages
Board Resolution (template)
Authorizing account opening · 1 pages
Time Deposit Placement & Rollover Instruction Form
Placement / rollover instructions · 1 pages
Long-Term Time Deposit Application Form
Hyper Saver / Maxi Return / Advantage Plus enrollment · 1 pages
Yes. Corporate Time Deposits are open to domestic corporations, partnerships, cooperatives, foundations, and national or local government agencies. You'll need your SEC registration, latest General Information Sheet (GIS), and a Board Resolution naming your authorized signatories.
The minimum placement is ₱10,000 for a Peso Time Deposit or US$5,000 for a U.S. Dollar Time Deposit.
Early withdrawal is subject to a pre-termination fee, and the placement may be repriced to the prevailing savings rate.
Yes. Your deposits are protected by the PDIC up to ₱1,000,000 per depositor.
Yes. Authorized signatories are designated by the organization through a Board Resolution or Secretary's Certificate and verified by the Bank.
Yes. Placements may be automatically rolled over at maturity unless the Bank receives other instructions.
Corporate Time Deposit accounts are opened subject to the Bank's Know-Your-Customer (KYC) and corporate account-opening requirements, including verification of authorized signatories. The Bank reserves the right to approve or decline any application in accordance with its policies and applicable regulations.
Placements are held for a fixed term and may be automatically rolled over at maturity. Withdrawals before maturity are subject to the Bank's pre-termination policy.
Interest is fixed for the entire placement term and credited at maturity, net of the 20% final withholding tax.
Applicable fees and charges, including pre-termination and certificate replacement fees, are set out in the Bank's official schedule of fees available at any branch.
Early withdrawal may be repriced to the prevailing savings rate. Account closure before maturity is subject to the Bank's pre-termination policy.
The Bank handles your personal and corporate information in accordance with the Data Privacy Act and the Bank's privacy policy.
Talk to a Relationship Officer about a Corporate Time Deposit placement that fits your company's cash flow and treasury goals.
