Yes. For short term (30,60, 90 days) and up to 3 years, the documentary stamped will be charged to you. For 5 year TD: Pre-termination penalty on total interest will be paid based on the table below:
The interest will be credited to your affiliate Savings Account monthly. You also have the option to get the entire interest at the end of the term. For advance interest Time Deposit: This is [...]
Formula to compute your account’s interest Gross Interest = [ Day 1(End of Day Balance x EDIR) + Day 2(End of Day Balance x EDIR) + Day 3(End of Day Balance x EDIR) + … Day 30(End of Day Balance [...]
Savings Deposit Account Short Term Time Deposit (30, 60 to 90 days term) One-Year TD (Interest paid in advance) Three-Year TD (Interest Paid in Advance for one year and every year thereafter) [...]
List of Valid IDs you can show when opening a bank account Passport Driver’s License Professional Regulation Commission (PRC) ID National Bureau of Investigation (NBI) Clearance Police Clearance [...]
The following are the requirements: Individual At least one(1) photo-bearing valid IDs Two (2)copies of most recent 1 x 1 or 2X2 ID Picture Additional requirements for Foreign Nationals (Except [...]