Allied Bank

Site Sections

News

Branches

ATMs

BROWSE

	ONLINE BANKING

	FUND TRANSFER CODES

FOREIGN EXCHANGE

As of Jun-17-2013
CURRENCY	BUY	SELL
US Dollar	42.4000	43.0000
Japanese Yen	0.4282	0.4642
Euro	54.8900	58.5800
Hong Kong Dollar	5.2500	5.5800
Bahrain Dinar	107.1700	114.7800
More

T - BILLS

Treasury Bills Auction Date: 3 June 2013
	91-DAY	182-DAY	364-DAY
High	0.900%	1.000%	1.250%
Low	0.900%	1.000%	1.250%
Average	0.900%	1.000%	1.250%
Ave. Inc.(+)/Dec. (-) over the past week	0.683%	0.602%	0.648%

DEPOSITS < PRODUCTS & SERVICES

DEPOSITS

PESO DEPOSITS

I. SAVINGS ACCOUNT (SA)

A. Regular Savings Account

An interest bearing Peso deposit account where client can choose either a passbook (withdrawal is over the counter upon presentation of withdrawal slip and passbook) or an AT card (withdrawal is through the ATM).

	SA PASSBOOK	SA ATM
Required Initial Deposit	10,000	3,000
Minimum Monthly ADB	10,000	3,000
Required ADB to Earn Interest	10,000	5,000

(see rates)

B. Allied Top Saver

A special savings account that earns for bigger balances, tiered additional interest on top of the regular savings account rate provided that the minimum monthly ADB is P15,000.00 and withdrawal does not exceed twice a month. Clients will also get an additional 0.5% interest rate if there is no withdrawal within a month.

Required Initial Deposit	30,000
Minimum Monthly ADB	30,000
Required ADB to Earn Interest	30,000

(see rates)

C. Remittance Savings Account

An interest bearing savings account specifically intended for remittance purposes.

	Peso		Dollar
	SA PASSBOOK	SA ATM	SA PASSBOOK
Required Initial Deposit	None	None	None
Minimum Monthly ADB	None	None	None
Required ADB to Earn Interest	10,000	3,000	500

(see rates)

D. Market-Rate Savings Deposit (MSD)

An interest bearing Peso deposit account evidenced by a passbook which earns higher interest rate than the regular savings account and is subject to withdrawal at a specified future date.

Required Initial Deposit

200,000

(see rates)

II. CURRENT ACCOUNT (CA)

A. Regular Current Account

A non-interest earning Peso deposit account subject to withdrawal through the issuance of a check. This is also known as demand deposit or checking account. A monthly statement of account is regularly provided as record of transaction. An AT card can also be issued whereby funds can be accessed via ATM.

	CA Regular	CA ATM
Required Initial Deposit	10,000	10,000
Minimum Monthly ADB	10,000	10,000

B. Negotiable Order of Withdrawal (N.O.W.)

An interest bearing Peso deposit account which is basically a savings type with the convenience of a checking account. Funds are withdrawable anytime via a Negotiable Order of Withdrawal (N.O.W.) An AT card can also be issued whereby funds can be accessed via ATM.

	NOW REGULAR	NOW ATM
Required Initial Deposit	5,000	5,000
Minimum Monthly ADB	5,000	5,000
Required ADB to Earn Interest	5,000	5,000

(see rates)

C. Allied Advantage Account (AAA)

A special checking account which earns interest equal to the rate of the regular savings account. Clients are given a choice of either an AAA checkbook or an AT card (for individual accounts only). A record keeper is provided for posting of history of transactions.

	INDIVIDUAL	CORPORATE
Required Initial Deposit	25,000	50,000
Minimum Monthly ADB	25,000	50,000
Required ADB to Earn Interest	25,000	50,000

(see rates)

III. TIME DEPOSIT

A. Regular Time Deposit

An interest bearing Peso deposit account evidenced by a Certificate of Time Deposit where funds are placed over a period of time. The placement can be withdrawn after a fixed period of time and upon surrender of the certificate. The interest rate is higher than the regular savings rate and varies depending on deposit amount and term.

Required Initial Deposit

10,000

(see rates)

B. Top Provider Time Deposit

A 5-year time deposit with tax free interest earning and rates higher than regular time deposit rates. The interest earning are tax-free provided there is no pre-termination made. Interest is credited monthly to an affiliate non-term peso deposit account. In case of pre-termination, entire interest earnings can still be withdrawn - less the appropriate tax.

Required Initial Deposit

200,000

(see rates)

C. Top Provider Plus Time Deposit

An enhancement of the Top Provider Time Deposit which gives the client two options as to interest-setting:

Fixed rate for 1 year - wherein interest rate is fixed for one year and re-priced annually
Fixed rate for 5 years - wherein interest is fixed for the entire 5-year period

In case of pre-termination, the deposit shall be subject to withholding tax and applicable percentage of interest earned.

Required Initial Deposit

200,000

(see rates)

FOREIGN CURRENCY DEPOSITS

A. US Dollar Savings Account

An interest earning foreign currency deposit account evidenced by a passbook and where clear funds are withdrawable anytime upon presentation of withdrawal slip and passbook. Deposits are made in the form of US Dollar Notes, Bank Drafts, Foreign Currency Personal checks and Telegraphic Transfers.

Required Initial Deposit	$500
Minimum Monthly ADB	$500
Required ADB to Earn Interest	$500

(see rates)

B. US Dollar Time Deposit

An interest bearing deposit account maintained for a specific period of time. This account is evidenced by a Certificate of Time Deposit. Withdrawal before maturity date (pre-termination) may be allowed but subject to interest forfeiture penalties. The following are acceptable forms of deposits; US Dollar Notes, Checks/Drafts and Telegraphic Transfer

Required Initial Deposit

$1,000

(see rates)

OTHER AVAILABLE FOREIGN CURRENCY DEPOSITS