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Products and Services

Autor:   •  March 19, 2016  •  Research Paper  •  304 Words (2 Pages)  •  889 Views

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Products and Services

Deposit Services

  1. Regular Savings Account – Savings account is an interest-bearing deposit account evidenced by a passbook, subject to withdrawal slip and passbook.
  2. 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.
  3. 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.
  4. 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.
  5. Young Earner Savings Account -  A fixed interest bearing savings deposit for children 12 years and below evidenced by a passbook.
  6. 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.
  7. 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.
  8. Current Account (CA) – A non-interest bearing peso demand account, which is the major source of low cost funds for the Bank.
  9. Managers Check – Check issued by the bank used mainly for disbursing proceeds of loan or to a third party named customer.
  10. 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

  1. Remittance Services –Western Union, TetNet
  2. ATM Services –Bancnet
  3. Norkis Payment
  4. PLDT, Smart, Smart Bro Payment
  5. Globe, Innove Payment  
  6. Royale Cable Payment
  7. BATELEC
  8. PhilHealth

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