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A time deposit that earns interest higher than a regular savings deposit over a fixed term period of less than one (1) year.
Min. Placement Amount
Php 1,000.00
Term of Placements
30, 60, 90, 180 or 360 days
Proof of Ownership
Time Deposit Certificate
Pre-termination
Subject to pre-termination charges
Interest Rate
See deposit rates
Account Access
Over-the-counter transaction (branch of account), Sterling Bank Online
Detailed Issuance
Receive a time deposit certificate with details of its placement amount, interest rate, term, and maturity date.
Secured Investment
Your investment is secured, as the expected income is committed by the bank.
| Minimum Eligibility | Registered Sole Proprietorship, Partnership, Corporations, Foreign Corporations |
|---|---|
|
General Documentary Requirements* |
For Domestic Entities: 1. One (1) valid photo-bearing government-issued identification card of the following:
2. Valid and latest Certificate of Registration issued by DTI, SEC, BSP, or Appropriate Government Agency, as applicable. 3. Articles of Incorporation/Partnership or Association and By-Laws. 4. Notarized Board or Partnership Resolution duly certified by the Corporate/Partner's Secretary authorizing to sign on behalf of the entity. 5. Latest General Information Sheet or Notarized Appointment of Officers (for one person corporation). For Foreign Corporations: Similar documents issued by a foreign country where the entity is registered and duly authenticated by the Philippine Consulate or Philippine Embassy where the entity is domiciled or bearing an apostille from a Competent Authority where the public documents were issued. |
*Note: The Bank may require additional documents.
Interest Rate
NOTE: Interest rates are INDICATIVE and are subject to change without notice. Please confirm with our branch upon making placements.
As of November 29, 2019
Online Banking