RCBC Deposits

Earn higher interest rates than savings account with RCBC's Time Deposit. It is a risk-free investment account that still earns higher interest rates compared to regular deposit accounts. The longer the term of your Time Deposit, the higher yields you get.

  • Regular Time Deposit

    • Enjoy utmost convenience handling your finances with RCBC. Let your money grow at a higher interest rate than savings account – risk-free! Minimum placement is PHP 5000 with 30 to 360 days options. Certificate of Time Deposit shall be provided as evidence.
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  • Dollar Time Deposit

    • If you’re looking for a great place to put your US dollars, then look no further than RCBC’s US dollar time deposit accounts. With only a minimum deposit requirement of USD 1,000, you can avail of different time deposit terms of up to 1 year.
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FAQs

  1. What are the documentary requirements to open an RCBC Time Deposit?

    For individuals:

    • One (1) valid government issued identification card with photo.

    Corporate:

    • One (1) government-issued photo-bearing ID of authorized signatories and corporate secretaries
    • DTI, SEC, BSP Certificate of Registration
    • Articles of Incorporation/Partnerships or Association and By-Laws;
    • Board or Partner's Resolution duly certified by the Corporate/ Partner's Secretary authorizing to sign on behalf of the entity
    • Latest General Information Sheet

  2. How much is the minimum amount required to open a Time Deposit at RCBC?

    • Peso Time Deposit – PHP5,000
    • Dollar Time Deposit - USD1,000
    • Minimum deposit amount for other foreign currencies: EUR1,000, CAD25,000, AUD 25,000.00, JPY100,000, GBP10,000, CHF 25,000.

  3. What is the evidence of deposit for this placement?

    • A Certificate of Time Deposit or Passbook will be provided to the account holder.

  4. Can I withdraw my account before the maturity date?

    • Yes, but certain pre-termination fees will be applied.