| $500 |
| $500 |
| $1,000 |
|
0.25% per annum**
(subject to 7.5% withholding tax) |
|
Passbook |
|
Branch
China Bank Online |
- Deposits may be in the form of:
- US Dollar bills/notes
- US Dollar denominated checks except second endorsed, stale and post-dated checks
- Deposits can be freely remitted to almost any country and in almost any currency.
- Make withdrawals in various ways:
- Dollar cash
- Converted to its Peso equivalent
- By Telegraphic Transfer
- By Demand Draft
- Traveler’s Check
- Interest earned shall be automatically credited to your account at the end of the quarter
- PDIC coverage: Maximum deposit insurance for each depositor P500,000
|
* Average Daily Balance or ADB is the sum of the daily end-of-day balances in the account for the relevant time period - which may be on a monthly, quarterly, annual or any other time period for the deposit (varies for different products) divided by the number of days in that period. For Foreign Currency Savings Accounts (US Dollar, Euro, China Yuan), interest is determined and applied based on Quarterly ADB.
** Effective April 1, 2012