CTD Peso Time Deposit (Personal Accounts)
Optimize your idle funds through time deposit placement with Bank of Makati. Increase your yield with higher interest rate as amount of placement increases.
• Only P5,000.00 initial deposit to open an account
• 30 days minimum term
• Interest earnings can be withdrawn monthly or at end of term
• All interest earnings are subject to 20%withholding tax
• Insured with the Philippine Deposit Insurance Corporation (PDIC) up to P500,000.00 per depositor