Essay About Servicesdeposit Servicesregular Savings Account And Interest-Bearing Deposit Account

Products and Services
Products and ServicesDeposit ServicesRegular 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 SERVICESRemittance Services –Western Union, TetNetATM Services –Bancnet Norkis PaymentPLDT, Smart, Smart Bro PaymentGlobe, Innove Payment  Royale Cable Payment BATELECPhilHealth