Time Deposit

Step up toward your financial freedom.

If you have just started to consider investing, putting your funds in a time deposit account is a good way to start. BDO Time Deposit offers you that advantage by giving you a wide range of peso and dollar time deposit options that fits your lifestyle and saving goals.

Product Name Minimum Initial Placement Terms of Placement Pretermination Withholding tax on interest earned
Peso Time Deposit Php 1,000.00 30, 60, 90, 180, 360 Days Subject to pretermination penalty 20%
Dollar Time Deposit USD 1,000.00 30, 60, 90, 180, 360 Days Subject to pretermination penalty 15%(1)

(1) The revised Withholding Tax for Interest Earned is effective January 1, 2018.


A more detailed product listing is available in all BDO branches.


BDO EMV Debit Card

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Opening a BDO Account is easy!





Accepted IDs*

• Passport (in case of foreign passport, must have English characters/translations and the holder must have a residence address in the Philippines)

• Philippine Postal ID

• Tax Identification Number ID

• New Social Security System (SSS) ID

• Government Service and Insurance System (GSIS) e-Card

• PhilHealth Card

• Driver's License issued by the Land Transportation Office (LTO)

• Senior Citizen ID

• Voter's ID

• Integrated Bar of the Philippines (IBP) ID

• School ID (for minors)

• Professional Regulations Commission (PRC) ID



*IDs must be original and within their period of validity


Click here to know about Terms and Conditions Governing Deposit Accounts.


In adherence to the requirements of the Anti Money Laundering Council, BDO reserves the right to require the submission of additional document/s it may deem necessary.



Deposits are insured by PDIC up to P500,000 per depositor.