PESO DEPOSIT ACCOUNTS
An interest bearing peso savings ATM account wherein depositor is issued with Visa Debit, EMV-compliant ATM Card. Deposits transactions are done thru a LANDBANK Cash Acceptance Machine or over the counter (OTC), while withdrawal transaction are done OTC or via Automated Teller Machines (ATM) 24 hours a day, seven days a week. Minimum required deposit is ₱500.00 to open an account.
HYSA is a peso savings account wherein funds of a specific amount are given pre-determined competitive rates for a fixed term. Passbook serves as a proof of deposit. HYSA is offered to institutional clients only with a minimum placement of ₱1,000,0000.
ESP is a premium savings account which offers higher interest rates versus a regular savings account and are tiered based on ADB levels. The required minimum Private Depositors’ balance is ₱20,000 and depositors can deposit anytime and withdraw 2x in a month.
A non-interest bearing peso account, also known as “Checking or Demand Deposit” account, wherein deposits are made over-the-counter and withdrawals are made through the issuance of a check. The required minimum deposit is ₱5,000.00 for individual and ₱10,000.00 for corporate or institution.
US DOLLAR DEPOSIT ACCOUNTS
An interest bearing dollar-account which requires presentation of a passbook for deposit and withdrawal transactions. The required minimum deposit is $100 for individual and US$1,000.00 for corporate or institution.
A specific amount of funds in dollar which earns interest at a pre-determined competitive rate for a fixed period of time/term with a “Certificate of Time Deposit” (CTD) as proof of deposit. This is offered for both individual and corporate or institution with a minimum placement of US$1,000.