These products simplify the previously offered time deposit (TD) products of the Bank by merging/consolidating them into these two time deposits. With these products, you can customize investments such that you can have the flexibility to choose the term/tenor and interest pay-out frequency. Given the chosen maturity date, interest pay-out frequency and amount of placement, you will earn corresponding interest rate.
What are the new PHP Time Deposit (PHP TD) and USD Time Deposit (USD TD) being offered by Security Bank?
Written By Security Bank ()
Updated at September 3rd, 2020