Dollar Time Deposit
Step up toward your financial freedom.
BDO US Dollar Time Deposit is one way to put your hard-earned dollars into action while giving you financial edge. With it, you’ll get higher interest rate returns paid at a specified future date on short term investments.
FEATURES | ||||
---|---|---|---|---|
Minimum Initial Placement | USD 1,000.00 | |||
Terms of Placement | 30, 60, 90, 180, 360 Days | |||
Proof of Ownership | Certificate of Dollar Time Deposit | |||
Interest rate per annum | See interest rate table below |
Range |
30 Days |
60 Days |
90 Days |
180 Days |
360 Days |
USD 1,000 to below USD 10,000 |
0.05% |
0.05% |
0.05% |
0.10% |
0.10% |
USD 10,000 to below USD 50,000 |
0.05% |
0.05% |
0.05% |
0.10% |
0.10% |
USD 50,000 to below USD 100,000 |
0.05% |
0.05% |
0.05% |
0.10% |
0.10% |
USD 100,000 to below USD 500,000 |
0.05% |
0.05% |
0.05% |
0.10% |
0.10% |
USD 500,000 to USD 10,000,000 |
0.10% |
0.10% |
0.10% |
0.15% |
0.15% |
Above USD 10,000,000 | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% |
NOTE: Interest rates are INDICATIVE and are subject to change without notice. Please confirm with branch upon making placements.
SERVICE FEES & CHARGES | ||||
---|---|---|---|---|
Withholding tax on interest earned | 15% | |||
Subject to pretermination penalty |
Deposits are insured by PDIC up to P500,000 per depositor.