Check Management

About China Bank

Minimum Placement

  • US Dollar TD: $1,000
  • Euro TD: €1,500


  • Interest earned is subject to 15% withholding tax


Euro TD: In percent per annum 

  1 month 2 months 3 months
€ 1,500 and up 0.00% 0.00% 0.00%
Effective August 1, 2018

Access Points

Note: China Bank US Dollar Time Deposit is available at all China Bank Branches. Euro TD is offered only at selected China Bank Branches.


  • Deposits to the account may be in the form of:
    • US Dollar note/s, check/s, and demand drafts
    • Euro note/s, check/s, and demand drafts 
    • Proceeds of incoming Telegraphic Transfer/s
  • Withdrawals from the account may be in the form of: 
    • US Dollar note/s
    • Euro note/s
    • Peso Equivalent (Converted) 
    • Telegraphic Transfer/s 
    • Demand Draft/s
    • Travelers check/s
  • PDIC coverage: Maximum deposit insurance for each depositor: P500,000.
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