“…is a kind of deposit which can be withdrawn anytime during banking hours without prior notice.”
Initial Deposit of P 200 at 1% interest p.a. (minimum ADB [average daily balance] of P200 to earn Interest).
1 Valid ID
4 pcs. latest 1×1 ID picture
Properly filled-out bank forms
– all deposits insured with PDIC up to P 500,000
– all interests are subject to 20% withholding tax