Time Deposit

This is an investment instrument that earns interests as a function of an amount and term previously agreed upon. Time deposit terms range from 30 days to 365 days, and interests are paid as agreed between BPIB and the customer. 

Advantages:

• Earns monthly interests, which are paid at the terms established by BIB.
• May be pledged as security for a BANPLUS INTERNATIONAL BANK, INC. loan.
• May be used as collateral for the credit limit of a credit card.

Requirements:

• Customers must own an account with BANPLUS INTERNATIONAL BANK.
• Complete and submit the Time Deposit Opening Application Form. 
• Minimum opening deposit for terms of 30 days and beyond: USD 5,000.00. For details on terms and amounts, please check Interest Rates TD).