No. There are no fees associated with opening a Certificate of Deposit. In fact, the incoming wire fee is waived for individuals who wish to have our fastest processing to open their new accounts.

If you request a New Account Form by phone, you will receive the same documents that are available on our website.

This depends on the amount of money you are able to invest. You can open a Traditional CD with as little as $1,000 ($5,000 for one-month term). However, the minimum amount to open a Liquid CD is $5,000.

These instruments are issued by scheduled commercial banks excluding regional rural banks. These are unsecured, negotiable, promissory notes having maturity of 91 days to one year.

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Yes. As with most banks, fees may be charged for servicing your account. Please refer to the Deposit Product Rules and Regulations for full fee disclosures, which can be obtained by downloading the New Account Form or by calling (302) 656-SAVE.

The six-month certificate requires a $500 minimum balance to open. The one-year through five-year certificates require a $1,000 minimum to open. We also offer Jumbo Certificates with a minimum balance of $100,000.

No, an economic interest does not include an interest in a time deposit (for example, Certificate of Deposit) or demand deposit (for example, savings account in a financial institution) or in a money market fund with assets of at least $10,000,000.

Yes. You can have your monthly interest deposited directly into a Money Market Account. However, you must first open a Money Market Account and supply an initial deposit of $500 before taking advantage of this option.

A certificate of deposit (or CD) is a short- to medium-term, interest-earning, FDIC-insured investment. CDs offer a higher interest rate than other liquid savings accounts, as well as provide a guaranteed rate for a specific term. If you’re looking for a higher return rate with a guaranteed return and don’t need regular access to your money, then you should consider a CD.

You can open a Recurring Deposit account for a minimum deposit of Rs 500/- and thereafter in multiples of Rs 100/-

You can request the bank to open a Savings acct /Time Deposit for you, by transferring funds from an existing account with us. You need to go to the menu option ‘Online Application’ and ‘Account opening’. choose the type of deposit, term, amount and specify the account to be debited. You will then be asked to confirm the details you have keyed in. After confirmation, an acknowledgement of the opening of the Deposit will be displayed.

Yes. Designated business customers which are Hong Kong commercial establishments can open a RMB account. Designated business customers are defined as business / service providers which engage in retail, catering, accommodation, transportation services, communication services, medical services and educational services.

Ans: Under the open bidding system, bidders need only pay a fixed lump sum deposit of $200 for Category D (motorcycles) and $10,000 for Categories A, B, C and E (open).

Only BPI Direct deposit accounts can be opened online. However, you need to complete the new account opening application process at the most convenient BPI branch which you will nominate. Your branch of convenience is where you will also get your ATM card or checkbook. At the branch, you will be asked to sign your signature card with deposit terms and agreements and make your initial deposit.

Yes, you can apply for a BPI Direct deposit account online abroad. However, to complete the opening of the account, you need to go to your nominated branch of convenience to sign the necessary papers and to make an initial deposit. However, we are working on ways of having our clients abroad open an account via the Net, making it paperless as much as possible. Please continue to visit our site for further developments regarding this matter.

Physical presence of the account opener(s) at the time of submitting the application (for non-residents).

No, you can't. Our initial deposit is MOP/HKD50,000 or USD5,000. If your initial deposit is below our minimum requirement, you can consider to open a savings account instead. If you withdraw the call deposit by giving a shorter notice, you cannot earn the interest for the entire period as there will be a penalty of interest deduction.