Time Deposit 1PIA Regular Time Deposit One Year Time Deposit USD TD EUR TD Minimum Placement PHP 50,000 (30 days to one year) PHP 1,000,000 (overnight to less than 30 days) PHP 10,000 PHP 10,000 USD 1,000 EUR 1,000 Term 30 days to less than a year One year 30 days to one year 30 days Interest Crediting Interest credited to settlement account; or added to the principal upon renewal N/A Documentation Passbook Certificate of Time Deposit Documentary Stamp Taxes (DST) Bank of Commerce shoulders DST unless placement is pre-terminated N/A Regular Time Deposit Start building funds for your future and get better rates than a regular savings account from as short as thirty (30) days to less than a year. One-year Time Deposit Secure your funds for one (1) whole year and enjoy better returns than a regular savings account. One Passbook Investment Account (1PIA) No need to keep multiple passbooks! One passbook is all you will need to keep track of all your 1PIA accounts under the same account name. View not just the transaction amount and date, but other information you need about your placements. Get better rates than a regular time deposit from as short as one (1)- day tenor to as long as one (1) year. US Dollar Time Deposit Place your hard-earned dollars in a risk-free investment and let it grow from as short as thirty (30) days to one (1) year. Euro Time Deposit Secure your hard-earned Euros in a time deposit with an option to renew automatically, to save you the hassle of having to go to the branch every maturity, to roll over your placement. Keep track of your renewals through an electronic notification sent to your address. * Bank of Commerce Retail Internet Banking requires enrollment. ** These are automatic fund transfer facilities applicable to peso savings and current accounts.