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CHINABANK Time Deposit Initial Placement and Interest Rate
- https://www.affordablecebu.com/
| Account Type | Initial Placement | Interest Rate* | Interest Rate on Pre-termination |
| Diamond Savings Account** | P 50,000 | Tiered based on amount, term and prevailing market rates | Regular Savings Account Rate |
| Regular Peso Time Deposit | P 5,000 | Regular Savings Account Rate | |
| US Dollar Time Deposit | US$ 1,000 | US Dollar Savings Account Rate | |
| EURO Time Deposit*** | EUR 1,500 | EURO Savings Account Rate |
* Peso Account interest earning is subject to 20% Withholding Tax. For residents, Foreign Currency Time Deposit interest earning is subject to 7.5% Withholding Tax.
** China Bank shoulders the documentary stamps tax (DST) for Diamond Savings Account if the deposit is not pre-terminated or withdrawn before maturity .
*** Available at selected branches
Note: For time deposits, minimum tenor is 1 month. Documentary Stamps Tax is P1.00 for every P 200.00 multiplied by the term divided by 365 days (rounded off to the next P 0.10)
** China Bank shoulders the documentary stamps tax (DST) for Diamond Savings Account if the deposit is not pre-terminated or withdrawn before maturity .
*** Available at selected branches
Note: For time deposits, minimum tenor is 1 month. Documentary Stamps Tax is P1.00 for every P 200.00 multiplied by the term divided by 365 days (rounded off to the next P 0.10)