bank charges
bank charges
DEPOSIT RATES

SAVINGS & CHECKING Accounts*

Prima Plus Time Deposit

Prima Time Deposit

Solo Plus Special Savings Account

Prima Dollar Time Deposits

Penalty:
If pre-terminated within the first half of the term, interest rate shall be reduced to 25% of the stipulated rate, or the prevailing savings account rate, whichever is higher.

If pre-terminated within the second half of the term, interest rate shall be reduced to 50% of the stipulated rate, or the prevailing savings account rate, whichever is higher.

Prima Plus Time Deposit

Maxima 3 Long Term Deposits

Maxima 5 Long Term Deposits

Pretermination Penalty:
If pre-terminated within the first half of the term, interest rate shall be reduced to 25% of the stipulated rate, or the prevailing savings account rate, whichever is higher.

If pre-terminated within the second half of the term, interest rate shall be reduced to 50% of the stipulated rate, or the prevailing savings account rate, whichever is higher.

Pretermination Penalty = Agreed Rate x (Days Lapsed/Agreed Term)

if Preterminated within first year

Interest Rate = Principal x Preterm Int. Rate x (Days lapsed/360) x (1 - W.tax) - DST

Withholding Tax Schedule:

If preterminated after Tax Rate
4 years to less than 5 years 5%
3 years to less than 4 years 12%
2 years to less than 3 years 20%
1 year to less than 2 years 20%
less than 1 year 20%