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%
Premium Flexi Earner Php 10,000.00 5 years Subject to pretermination penalty Tax exempt if the placement is held until maturity. If preterminated, interest earned is subject to withholding tax
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.

 

How to Open an Account

Opening a deposit account

with BDO is easy and stress free.

Learn More

 

 

A more detailed product listing available in all BDO Branches.