Bank of Commerce

We think Customers

Customer Service:
(02) 8-632-BANK (2265)
Domestic Toll-Free Numbers:
1800-10-982-6000 (PLDT) 1800-8-982-6000 (Globe Lines)

Increase in Documentary Stamp Tax and Final Withholding Tax for FCDU Deposits

HomeAdvisoriesIncrease in Documentary Stamp Tax and Final Withholding Tax for FCDU Deposits

In accordance with Republic Act 10963 – Tax Reform for Acceleration and Inclusion (TRAIN), the Documentary Stamp Tax (DST) for some bank transactions and the Final Withholding Tax (FWT) for Foreign Currency Deposit Units (FCDU) shall be increased effective January 1, 2018.