Shouldn't your US Dollar Savings be rewarded?

 

Hello to earning more on your US Dollars, and placing them in an RCBC US Dollar Time Deposit without the fees*.

 

From August 16 to September 30, 2022, enjoy these high rates and waived Domestic Inward PDDTS Fees and Check Deposit (FCDU) Fees when you open an RCBC US Dollar Time Deposit for a minimum placement of USD 5,000^.

 

Time2Deposit_webpage_rate-table_01

*The waiver of Domestic Inward PDDTS Fees and Check Deposit (FCDU) Fees only applies to USD Time Deposit placements with terms of 91 days to 1 year

 

Limited offer only.

It’s #Time2Deposit today!

 

Present Promo Code upon account opening:

2022Time2Deposit

Promo Mechanics

2022 TIME2DEPOSIT PROMO MECHANICS

1. The RCBC Time2Deposit (”Promo”) will be available from August 16 to September 30, 2022 (”Promo Period”).

2.  Under this Promo, an Eligible Client’s over-the-counter US Dollar time deposit (“USD TD”) placements that will meet all of the following criteria will qualify for the following:

a. Waived Domestic Inward –PDDTS Bank Fee of USD 6.50, for 91-day to 1-year terms;

b. Waived Check Deposit (FCDU) Fee of USD 5.00 per check, for 91-day to 1-year terms; and

c. The following special time deposit rates, which are on a per annum basis and exclusive of all applicable taxes:

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For the avoidance of doubt, USD TDs placed through RCBC’s online banking facilities or channels other than RCBC’s Business Centers are not eligible for this Promo.

Waiver of Domestic Inward – PDDTS Bank Fee and Check Deposit (FCDU) Fee will only apply to the funds that will be deposited for USD TD placement via Demand Draft under this Promo.

3. “Eligible Client” shall mean any person or entity who makes a Fresh Funds placement, except persons or entities, which, in RCBC’s sole determination are engaged in the business of or are operating as banks, cooperatives, credit card issuers and related service providers, financial leasing or holding firms, insurance and risk management companies, lending and mortgage, money changers, remittance agents, foreign exchange dealers, money service businesses, pawnshops, personal financial planners, private/investment banks and venture capitals, securities agents and brokers, trust entities and fiduciary or custody services, and similar persons or entities regulated by the Bangko Sentral ng Pilipinas or the Insurance Commission or otherwise dealing in money, securities, currencies, and other valuables.

4. “Fresh Funds” means an over-the-counter US TD placement in RCBC, which, in RCBC’s sole determination, meets all of the following criteria: 

a. Comprised of (i) funds from checks drawn on banks and financial institution other than RCBC and which are deposited in RCBC and are paid by the drawee within the Promo Period; and/or (ii) any other funds that are not already deposited in or are in the possession of RCBC at any point during the Promo Period;

b. Did not originate from a withdrawal and re-deposit of funds in RCBC, or a rollover of any time deposit placement,  during the Promo Period for sole purpose of qualifying (or re-qualifying) for the Promo; and

c.  Results in an increase of total deposit balances in RCBC.

5. This offer cannot be availed in conjunction with other Time Deposit promotions of RCBC. Hexagon Club add-on rates shall not apply.

6. Standard procedures and policies governing the opening of an account will apply. All newly opened accounts are subject to RCBC’s policies, procedures, terms and conditions governing deposit accounts.

7. In case of dispute, the decision of RCBC on all matters relating to the exclusive offer shall be final and binding on all clients.

Waiver of Domestic Inward – PDDTS Bank Fee and Check Deposit (FCDU) Fee will only apply to the funds that will be deposited for USD TD placement via Demand Draft under this Promo.

^Pertains to waived Domestic Inward - PDDTS Bank Fee and Check Deposit (FCDU) Fee, which is applicable for 91-days to 1-year USD TD Placements

*For the equivalent Peso value, you may visit www.rcbc.com to view our prevailing FOREX rates.

Per DTI Fair Trade Permit No. FTEB-149320 Series of 2022

 

 

Interested?

Request for a call from one of our Branch Relationship Managers