US Dollar Time Deposit

Put your hard-earned dollars to work with a time deposit account. Get competitive interest rates with flexible term investments.

US Dollar Time Deposit
Step up toward your financial freedom

Why choose US Dollar Time Deposit

Features and fees

Minimum Initial Placement
$1,000
Terms of Placement
30, 60, 90, 180, 360 Days
Proof of Ownership
Certificate of Dollar Time Deposit

Withholding tax on interest earned

15%

Subject to pretermination penalty

Interest rate per annum

$1,000 to below 10,000

30-90 days - 0.05% 
180-360 days - 0.10% 

$10,000 to below 50,000
 

30-90 days - 0.05% 
180-360 days - 0.10% 

$50,000 to below 100,000


30-90 days - 0.05% 
180-360 days - 0.10% 

$100,000 to below 500,000


30-90 days - 0.05% 
180-360 days - 0.10% 

$500,000 to below 10 Million


30-90 days - 0.10% 
180-360 days - 0.15% 

Over $10 Million


30-90 days - 0.10% 
180-360 days - 0.15% 

Note: Interest rates are indicative and are subject to change without notice. Please confirm with branch upon making placements.

Open an account today

Account opening process

Branch:

Accepted IDs for account opening

 
  1. Passport (with English characters)
  2. Driver's License issued by LTO
  3. Professional Regulations Commission (PRC) ID
  4. Unified Multi-purpose ID (UMID)
  5. Social Security System (SSS) ID
  6. Philippine Identification System (PhilSys) ID
  7. School ID (for minors)
  8. NBI Clearance
  9. PNP Clearance with dry seal
  10. Philippine Postal ID
  11. Voter's ID
  12. Tax Identification Number (TIN) ID
  13. Barangay Certification with dry seal
  14. Government Service and Insurance System (GSIS) ID
  15. PhilHealth ID
  16. Senior Citizen ID
  17. Overseas Workers Welfare Administration (OWWA) ID
  18. Overseas Filipino Workers (OFW) ID
  19. Seaman's Book
  20. Government Office and GOCC ID (e.g. AFP, HDMF)
  21. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
  22. Person with Disability (PWD) ID issued by National Council on Disability Affairs (NCDA)
  23. DSWD Certification
  24. Integrated Bar of the Philippines (IBP) ID
  25. Company IDs issued by private entities registered with or supervised or regulated either by BSP, SEC or IC
  26. Maritime Industry Authority (MARINA) ID

*One (1) valid ID is acceptable if the ID is a Passport, Driver’s License, PRC ID, UMID, SSS ID, PhilySys ID or School ID (for minors).
Otherwise, please prepare at least two (2) valid IDs from the list. The chosen ID must be original and within their period of validity.
You may be asked to submit additional documents in compliance with bank regulatory requirements