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Aff series ticket pokerstars12/12/2023 ![]() You get to make a higher interest as compared to a regular peso savings account and plan the discharge of your money on the date you agree upon. You can also check the time deposit rates in the Philippines for the amount you want to you want to deposit.Ī decent way to begin investing, with BDO Time Deposit, your money will raise more than you ever expected. You can also avail the time deposits in foreign currencies, commonly USD, but gradually, leading banks are providing time deposits in AUD, GBP, CAD, EUR, JPY, CHF and other chief currencies as well. Now-a-days, there are banks that have also announced longer-term time deposits, mostly 2, 3, 5, and 6 years. However 90 days, 180 days and 360 days period is also available. The minimum time period is usually 30 days. ![]() These savings accounts also provide comparatively lower rates. In comparison, the regular savings accounts are reflected as the demand deposits since these can be withdrawn at any point of time. The benefit is that the time deposits get you higher interest rates, subject to the amount placed and the term. Time deposits can be defined as the interest-bearing bank deposit products with a stable period of time, till which you cannot withdraw the money.
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