DEPOSITS
1. REGULAR SAVINGS ACCOUNT
• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱1,000.00 |
|
|
Maintaining Balance |
₱1,000.00 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
₱5,000.00 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
2. BASIC DEPOSIT
• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Initial Deposit |
Not more than ₱100 |
|
|
Maintaining Balance |
0 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
0 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
N/A |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
1. REGULAR SAVINGS ACCOUNT
• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
2. BASIC DEPOSIT
• Interest-bearing Savings Account, which allows deposit & withdrawals(with approval from S.O/BM/A.O) over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱1,000.00 |
|
|
Maintaining Balance |
₱1,000.00 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
₱5,000.00 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
| Details | Terms | |
|---|---|---|
|
Initial Deposit |
Not more than ₱100 |
|
|
Maintaining Balance |
0 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
0 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
N/A |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
1. REGULAR SAVINGS ACCOUNT
• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱1,000.00 |
|
|
Maintaining Balance |
₱1,000.00 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
₱5,000.00 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
2. BASIC DEPOSIT
• Interest-bearing Savings Account, which allows deposit & withdrawals(with approval from S.O/BM/A.O) over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Initial Deposit |
Not more than ₱100 |
|
|
Maintaining Balance |
0 |
|
|
Withholding Tax Rate |
20% |
|
|
Interest Rate |
0.25% |
|
|
Interest Credited |
Quarterly |
|
|
ADB Requirement |
0 |
|
|
Required ADB to Earn Interest |
₱5,000.00 |
|
|
Below Maintaining (ADB) Charge |
N/A |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate
1. CHECKING ACCOUNT - PERSONAL
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱5,000.00 |
|
Maintaining Balance |
₱5,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱5,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
2. CHECKING ACCOUNT - CORPORATE
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱25,000.00 |
|
Maintaining Balance |
₱25,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱25,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
OTHER SERVICES CHARGES
| Details | Terms | |
|---|---|---|
|
Early Closure (within 30 days) |
₱300 |
|
|
Lost Passbook Replacement |
₱110 |
|
|
Bank Certification |
₱110 |
|
|
Statement of Account |
₱10.00 per page |
|
|
Checkbook |
₱280 |
|
|
Stop Payment Order (SPO) |
₱300.00 per check |
|
|
Returned Check (DAIF, DAUD) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Unfunded) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Funded) |
₱1,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate
1. CHECKING ACCOUNT - PERSONAL
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱5,000.00 |
|
Maintaining Balance |
₱5,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱5,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
2. CHECKING ACCOUNT - CORPORATE
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱25,000.00 |
|
Maintaining Balance |
₱25,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱25,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
OTHER SERVICES CHARGES
| Details | Terms | |
|---|---|---|
|
Early Closure (within 30 days) |
₱300 |
|
|
Lost Passbook Replacement |
₱110 |
|
|
Bank Certification |
₱110 |
|
|
Statement of Account |
₱10.00 per page |
|
|
Checkbook |
₱280 |
|
|
Stop Payment Order (SPO) |
₱300.00 per check |
|
|
Returned Check (DAIF, DAUD) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Unfunded) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Funded) |
₱1,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate
1. CHECKING ACCOUNT - PERSONAL
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱5,000.00 |
|
Maintaining Balance |
₱5,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱5,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
2. CHECKING ACCOUNT - CORPORATE
| Details | Terms |
|---|---|
|
Minimum Initial Deposit |
₱25,000.00 |
|
Maintaining Balance |
₱25,000.00 |
|
Withholding Tax Rate |
20% |
|
Interest Rate |
0.25% |
|
Interest Credited |
Quarterly |
|
ADB Requirement |
₱25,000.00 |
|
Required ADB to Earn Interest |
₱25,000.00 |
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
Security |
PDIC insured up to ₱500,000.00 |
OTHER SERVICES CHARGES
| Details | Terms | |
|---|---|---|
|
Early Closure (within 30 days) |
₱300 |
|
|
Lost Passbook Replacement |
₱110 |
|
|
Bank Certification |
₱110 |
|
|
Statement of Account |
₱10.00 per page |
|
|
Checkbook |
₱280 |
|
|
Stop Payment Order (SPO) |
₱300.00 per check |
|
|
Returned Check (DAIF, DAUD) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Unfunded) |
₱2,000.00 + 200.00 per day for every ₱40,000 and a fraction thereof |
|
|
Returned Check (SPO Funded) |
₱1,000.00 |
|
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
1. REGULAR TIME DEPOSIT
• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Minimum Initial Placement |
₱10,000.00 |
|
|
Placement Term |
30 days up to 360 days |
|
|
Withholding Tax Rate |
20% |
|
|
Documentary Stamps |
Waived |
|
|
Pre-termination Penalty |
Rate back to 0.25% |
|
2. OVER 5 YEAR TIME DEPOSIT
• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of over (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is exempted from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱50,000.00 |
|
|
Placement Term |
5 Year Fixed |
|
|
Withholding Tax Rate |
exempted |
|
|
Documentary Stamps |
waived |
|
Pre-Termination Policy
| Tenor | Percentage | |
|---|---|---|
|
less than 365 days (1 year below) |
80% of all interest earned |
|
|
less than 730 days (1-2 years) |
60% of all interest earned |
|
|
less than 1,095 days (2-3 years) |
40% of all interest earned |
|
|
more than 1,095 days (3-5 years) |
25% of all interest earned |
|
Subject to Witholding Tax and DST Expenses
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
1. REGULAR TIME DEPOSIT
• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Minimum Initial Placement |
₱10,000.00 |
|
|
Placement Term |
30 days up to 360 days |
|
|
Withholding Tax Rate |
20% |
|
|
Documentary Stamps |
N/A |
|
|
Pre-termination Penalty |
Rate back to 0.25% |
|
2. 5 YEAR TIME DEPOSIT
• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is waived from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱50,000.00 |
|
|
Placement Term |
5 Year Fixed |
|
|
Withholding Tax Rate |
waived |
|
|
Documentary Stamps |
waived |
|
Pre-Termination Policy
| Tenor | Percentage | |
|---|---|---|
|
less than 365 days (1 year below) |
80% of all interest earned |
|
|
less than 730 days (1-2 years) |
60% of all interest earned |
|
|
less than 1,095 days (2-3 years) |
40% of all interest earned |
|
|
more than 1,095 days (3-5 years) |
25% of all interest earned |
|
Subject to Witholding Tax and DST Expenses
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
1. REGULAR TIME DEPOSIT
| Tenor | Percentage | |
|---|---|---|
|
less than 365 days (1 year below) |
80% of all interest earned |
|
|
less than 730 days (1-2 years) |
60% of all interest earned |
|
|
less than 1,095 days (2-3 years) |
40% of all interest earned |
|
|
more than 1,095 days (3-5 years) |
25% of all interest earned |
|
• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000
| Details | Terms | |
|---|---|---|
|
Minimum Initial Placement |
₱10,000.00 |
|
|
Placement Term |
30 days up to 360 days |
|
|
Withholding Tax Rate |
20% |
|
|
Documentary Stamps |
N/A |
|
|
Pre-termination Penalty |
Rate back to 0.25% |
|
2. 5 YEAR TIME DEPOSIT
• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is waived from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00
| Details | Terms | |
|---|---|---|
|
Minimum Initial Deposit |
₱50,000.00 |
|
|
Placement Term |
5 Year Fixed |
|
|
Withholding Tax Rate |
waived |
|
|
Documentary Stamps |
waived |
|
Pre-Termination Policy
| Tenor | Percentage | |
|---|---|---|
|
less than 365 days (1 year below) |
80% of all interest earned |
|
|
less than 730 days (1-2 years) |
60% of all interest earned |
|
|
less than 1,095 days (2-3 years) |
40% of all interest earned |
|
|
more than 1,095 days (3-5 years) |
25% of all interest earned |
|
Subject to Witholding Tax and DST Expenses
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.
| Details | Terms | |
|---|---|---|
|
Minimum Placement Amount |
₱100,000 |
|
|
Interest Rate |
[Table below] |
|
|
Withholding Tax |
20% |
|
|
Term/Repricing Cycle |
Minimum term is 30 days |
|
|
Interest Credited |
At Maturity |
|
|
Transaction Record |
Passbook |
|
|
DST |
None |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
| Charges/Fees | ||
|---|---|---|
|
Early Closure (accounts closed within 30 days from opening) |
N.A. |
|
|
Others |
Pre-termination: Interest based on prevailing savings rate [0.25%] |
|
Approved Rates
| Special Savings Deposit (SSA) | 100,001 - 500,000 | 500,001 - 1,000,000 | over 1 M |
|---|---|---|---|
|
Tenor (days) |
|
|
|
|
30 - 90 |
2.00% |
2.10% |
2.20% |
|
91 - 180 |
2.10% |
2.20% |
2.30% |
|
181-360 |
2.20% |
2.30% |
2.40% |
|
181-360 |
2.30% |
2.40% |
2.50% |
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.
| Details | Terms | |
|---|---|---|
|
Minimum Placement Amount |
₱100,000 |
|
|
Interest Rate |
[Table below] |
|
|
Withholding Tax |
20% |
|
|
Term/Repricing Cycle |
Minimum term is 30 days |
|
|
Interest Credited |
At Maturity |
|
|
Transaction Record |
Passbook |
|
|
DST |
None |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
| Charges/Fees | ||
|---|---|---|
|
Early Closure (accounts closed within 30 days from opening) |
N.A. |
|
|
Others |
Pre-termination: Interest based on prevailing savings rate [0.25%] |
|
Interest Rates
| Special Savings Deposit (SSA) | 100,001 - 500,000 | 500,001 - 1,000,000 |
over 1 M |
|---|---|---|---|
|
Tenor (days) |
|
|
|
|
30 - 90 |
2.00% |
2.10% |
2.20% |
|
91 - 180 |
2.10% |
2.20% |
2.30% |
|
181-360 |
2.20% |
2.30% |
2.40% |
|
181-360 |
2.30% |
2.40% |
2.50% |
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.
| Details | Terms | |
|---|---|---|
|
Minimum Placement Amount |
₱100,000 |
|
|
Interest Rate |
[Table below] |
|
|
Withholding Tax |
20% |
|
|
Term/Repricing Cycle |
Minimum term is 30 days |
|
|
Interest Credited |
At Maturity |
|
|
Transaction Record |
Passbook |
|
|
DST |
None |
|
|
Below Maintaining (ADB) Charge |
₱250.00 Monthly |
|
|
Security |
PDIC insured up to ₱500,000.00 |
|
| Charges/Fees | ||
|---|---|---|
|
Early Closure (accounts closed within 30 days from opening) |
N.A. |
|
|
Others |
Pre-termination: Interest based on prevailing savings rate [0.25%] |
|
Interest Rates
| Tenor (days) | 30-90 | 91 - 180 | 181-360 | over 360 |
|---|---|---|---|---|
|
Special Saving Deposit (SSA) |
|
|
|
|
|
100,001-500,000 |
2.00% |
2.10% |
2.20% |
2.30% |
|
500,001-1,000,000 |
2.10% |
2.20% |
2.30% |
2.40% |
|
over 1 M |
2.20% |
2.30% |
2.40% |
2.50% |
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.
DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR
Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.