Product Features
Minimum Placement Amount | USD 100 |
Evidenced By | Passbook |
Average Daily Balance (ADB) to earn interest | USD 500 |
Interest Rate per Annum Effective March 1, 2024 |
0.05% |
Interest Crediting | Monthly |
Withholding Tax | 15% |
Below Maintaining Balance Charge (Effective May 1, 2024) | USD 5 |
Dormancy Period | No transactions for 2 years |
Deposits are Insured by PDIC up to Php 500,000 per depositor.