Deposit Services
Cash Management Services
Other Deposit-Related Services

Deposit Services

Regular Peso Savings
Choice of passbook and/or ATM (optional) for individuals (non-veterans)

• Passbook for corporate accounts
• Interest Rate: 0.50% p.a.
• For Individuals: Only P1,000 minimum initial deposit, maintaining balance and to earn interest (non-veterans)
• For Corporate Accounts: Only P5,000 minimum initial deposit, maintaining balance and to earn interest

Regular Peso Checking (Non-Interest Bearing)

• For Individuals: Only P5,000 minimum initial deposit and maintaining balance
• For Corporate Accounts: Only P10,000 minimum initial deposit and maintaining balance

Special Peso Checking (Interest Bearing)

• A peso checking account that earns an interest at 0.50% p.a.
• For Individuals: Only P10,000 minimum initial deposit, maintaining balance, and to earn interest
• For Corporate Accounts: Only P50,000 minimum initial deposit, maintaining balance, and to earn interest

Regular U.S. Dollar Savings

• Passbook account
• Interest Rate: 0.25% p.a.
• For Individuals: Only $100 minimum initial deposit, maintaining balance, and to earn interest
• For Corporate Accounts: Only $500 minimum initial deposit, maintaining balance, and to earn interest

Peso Time Deposit

• High-yielding certificate of time deposit for Metro Manila and provincial individuals, corporate accounts, and government accounts (see table below)
• Terms for 30, 60, 90, 180, 271 or 360 days placement
• Only P5,000 minimum initial deposit for individuals
• Only P10,000 minimum initial deposit for corporate accounts

U.S. Dollar Time Deposit

• High-yielding certificate of time deposit for individuals and corporate accounts (see table below)
• Terms for 30, 60, 90, 180, 271 or 360 days placement
• For Individuals: Only $1,000 minimum initial deposit
• For Corporate Accounts: Only $5,000 minimum initial deposit

Premium Savings

• High-yielding passbook account with high rates based on your average daily balance (see tables below for indicative rates)
• For Individuals: Only P50,000 maintaining balance
• For Corporate Accounts: Only P100,000 maintaining balance

REQUIREMENTS FOR OPENING OF DEPOSIT ACCOUNTS

For Individuals (in case of Joint Accounts, each depositor must present the requirements listed below):

a) Two (2) Primary IDs
b) 2” x 2” photo
c) DTI Certificate of Business Registration (for sole proprietorship)

For Corporate Accounts:

a) Duly-notarized Secretary Certificate (name of officers for the current year and the designation of bank as corporate depository with specifications as to the manner of withdrawals and authorized signatories)
b) Board Resolution (authorizing the opening of the account and designating the person(s) who are authorized to sign for and in behalf of the corporation, duly-certified under oath by the Corporate Secretary)
c) Articles of Incorporation and By-Laws, and all amendments thereto, if any
d) Two (2) Primary IDs of all authorized signatories

Cash Management Services

a) Complete Payroll System
b) Salary Loans Facility for Employees
c) ATM Installation
d) Deposit Pick-Up Service / Coins and Bills Supply Agreement
e) Check Writing and Disbursement System / Reconciliation System
f) Real Property Tax and Business Tax Collection System
g) Desktop Banking Facility (Internet Banking)
h) Post-Dated Check Warehousing System and Service

For more information about our Cash Management Services, please call (02) 902-1600 or 1700 locals 6301 and 6302.

Other Deposit-Related Services

• SSS, PhilHealth, and BIR payments (over-the-counter)
• SSS and GSIS Pension Remittance
• SSS SMEC
• Deposit Monitoring Services
• Collection Services (electronic)
• Electronic Payment Services