A deposit account that allows you the convenience of a passbook in monitoring your account transactions, while your funds earn at a fixed interest rate.
Opening & Maintaining Balance | PHP 5,000 |
Average Daily Balance (ADB) to earn interest | PHP 10,000 |
Interest rate per annum | 0.25% |
Interest Crediting | Monthly |
Withholding Tax | 20% |
Dormancy Term | No transaction for two (2) years |