Grow your funds with a fixed-term deposit that offers competitive returns and flexible placement periods to match your financial plans.
Earn attractive interest by placing your funds for a selected fixed term.
Choose from available placement periods based on when you'll need your funds.
Place your time deposit in Philippine Peso or U.S. Dollar based on your financial needs.
Select the currency and placement term that best matches your deposit plan and when you'll need access to your funds.
Rates and features are indicative and may change without prior notice, subject to Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your servicing branch.
ACCOUNT TYPE | INTEREST RATE (P.A.) | MINIMUM INITIAL DEPOSIT | PLACEMENT TERMS |
Peso Time Deposit | Prevailing market rates | ₱5,000 | 30, 60, 90, 180, 271, or 360 days |
U.S. Dollar Time Deposit | Prevailing market rates | US$1,000 | 30, 60, 90, 180, 271, or 360 days |
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 initial deposit | ₱1,000 | Peso Time Deposit |
Minimum maintaining balance | ₱1,000 | None for Basic Deposit Account |
Below maintaining balance fee | ₱300 / mo. | If ADB falls below the required balance for two (2) consecutive months |
Dormancy fee | ₱30 / mo. | After 2 years of inactivity, if balance is below maintaining balance |
Passbook replacement (lost/damaged) | ₱100 | Per passbook |
ATM card replacement | ₱150 | Per card |
On-us ATM withdrawal (PVB/BancNet) | Free | — |
Interbank ATM withdrawal | ₱18 | Per transaction, plus acquirer fees |
Fund transfer — InstaPay | ₱25 | Per transaction, up to ₱50,000 |
Fund transfer — PESONet | ₱30 | Per transaction |
Account closure within 30 days | ₱300 | Waived thereafter |
Bank certification / statement of account | ₱100 | Per copy |
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.
Two (2) valid primary government-issued IDs
One (1) recent 2×2 ID photo
DTI Certificate of Business Registration (for sole proprietors only)
For joint accounts, each account holder must provide the required documents
Veterans Bank may request additional documents depending on the type of account or transaction
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 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 your branch visit. All files are in PDF format.
Account Opening Form (Individual)
Personal deposit accounts · 1 pages
Specimen Signature Card
Signature verification · 1 pages
Checking Account Application Form (with BBG)
Includes Basic Business Group details · 1 pages
FATCA / CRS Self-Certification
Tax residency declaration · 1 pages
Beneficial Ownership Declaration
AMLA compliance · 1 pages
Digital Banking Enrollment Form
Online & mobile access · 1 pages
No. Philippine Veterans Bank is open to all Filipino citizens. Our time deposits are available to everyone.
The minimum initial deposit is ₱5,000 for Peso Time Deposit or US$1,000 for U.S. Dollar Time Deposit.
Interest is computed on your average daily balance (ADB) and credited to your account, net of applicable taxes.
Yes. Deposits are insured by PDIC up to PHP 500,000 per depositor.
Access options vary by account type. Please confirm with your branch.
A below-maintaining-balance fee of ₱300/month may apply if the ADB falls below the required balance for two consecutive months.
Accounts are opened subject to the Bank's Know-Your-Customer (KYC) and account-opening requirements. The Bank reserves the right to approve or decline any application in accordance with its policies and applicable regulations.
Please refer to the official schedule available at any branch.
Interest earned is subject to the 20% final withholding tax.
A representative schedule of fees is available at any PVB branch.
Fees may apply after a period of inactivity or for early account closure.
Your personal data is handled in accordance with the Data Privacy Act.
Visit a Veterans Bank branch near you and discover banking solutions designed around your needs and goals.
