Products and Services
Autor: kirssalyssa • March 19, 2016 • Research Paper • 304 Words (2 Pages) • 962 Views
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Products and Services
Deposit Services
- Regular Savings Account – Savings account is an interest-bearing deposit account evidenced by a passbook, subject to withdrawal slip and passbook.
- Business Savings Account (BSA) – These are savings deposits that offer high interest in form of bonus rate provided that the average daily balance (ADB) level for each type is met.
- FLEXI Savings Account - Flexi Savings is a deposit account, which offers a premium rate provided that no withdrawal is made over a period of time.
- Variable Earner Savings Account – A peso dominated savings account evidenced by a passbook. Clients can enjoy competitive rates of a term placement and the flexibility of a savings account.
- Young Earner Savings Account - A fixed interest bearing savings deposit for children 12 years and below evidenced by a passbook.
- Regular Time Deposit (TD) – Funds deposited in the bank with definite maturity date, earn interest and evidenced by a Certificate of Time Deposit (CTD) issued to the depositor.
- Time Earner (Repriceable) Time Deposit – A long-term non-negotiable (tax exempt) peso denominate time deposit witha term of five (5) years and one (1) day, repriceable semi-annually or annually depending on the amount of the deposit.
- Current Account (CA) – A non-interest bearing peso demand account, which is the major source of low cost funds for the Bank.
- Managers Check – Check issued by the bank used mainly for disbursing proceeds of loan or to a third party named customer.
- ATM and Debit Cards – Payment card extended to clients which enables the customer to transact deposit, withdrawal , bills payment and other types of banking transactions through interbank networks.
MISCELLANEOUS SERVICES
- Remittance Services –Western Union, TetNet
- ATM Services –Bancnet
- Norkis Payment
- PLDT, Smart, Smart Bro Payment
- Globe, Innove Payment
- Royale Cable Payment
- BATELEC
- PhilHealth
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