Daily Tribune (Philippines)

PSBank offers Mobile TD

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Philippine Savings Bank (PSBank), the consumer banking arm of the Metrobank Group, has launched its PSBank Mobile Time Deposit (TD) placement, a digital service that allows clients to open Peso Time Deposits from their home, 24/7, with just a few taps on their mobile phone.

The bank said that with the new service, clients no longer have to worry risking exposure when it comes to growing their hard earned money in the new normal.

It earns higher interest rates as compared to traditiona­l savings accounts.

They can invest their excess funds via PSBank Mobile App and enjoy higher rates and gain better returns even from their home.

The PSBank Peso Time Deposit is an investment option for customers who may have excess funds and are willing to set them aside over an extended period of 30, 60, or 90 days, with guaranteed fixed-rate returns.

It earns higher interest rates as compared to traditiona­l savings accounts. At PSBank, interest rates for TD placements are based on the client’s total TD balance. The higher the balance amount, the higher the interest rate.

To open a PSBank Peso Time Deposit account, clients need to log-in to PSBank Mobile App, tap on ‘Place Time Deposit’ from the ‘Create a

Transactio­n’ menu in ‘View My Accounts,’ and enter the Amount, Term, and Maturity

Instructio­n.

For more informatio­n, one may call (632) 8845-8888, visit https://www.psbank.com.ph

or https://www.facebook. com/psbankoffi­cial/.

FTM

 ?? W. COMMONS ?? PSBank mobile now offering online time deposit transactio­ns.
W. COMMONS PSBank mobile now offering online time deposit transactio­ns.

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