Officials of the finance department said that the funds were not consolidated and were from public accounts—an amount paid in terms of security and deposits. They said such cheques were sent to ...

The bank said the interest on its one and two year Fixed Term Deposit accounts will reduce by 0.25% and 0.5% respectively - effective from May 13. AIB said all its other savings and deposit rates ...

Savings accounts aren't all created equal. According to the Federal Deposit Insurance Corporation, the national average savings rate is a measly 0.41%. Even with compounding interest, you won't ...

Banks are implementing new RBI guidelines for unclaimed deposits and inactive accounts, effective April 1. (AI image) ...

Foreign currency deposit accounts are not subject to estate tax, the Supreme Court (SC) has ruled. In a decision, the SC First Division upheld the claim for an estate tax refund filed by the estate of ...

Contributions to ABLE accounts can total up to $19,000 for 2025. That’s an increase from $18,000 last year. The change comes after the Internal Revenue Service raised the federal gift tax limit. Since ...

Demand deposit accounts offer high liquidity, meaning you can easily access your funds through checks, debit cards, ATMs, bank tellers, and online transfers. One of the best features is their no ...

The Proposal’s scope is limited to custodial deposit accounts with transactional features that hold “deposits,” meaning that other types of custodial accounts, such as those holding non ...

Chief Bank has unveiled its Installment Deposit Account, designed to offer customers a flexible and rewarding savings option. This account is tailored to meet the needs of both individual and ...

Two primary categories of accounts are defined as time deposit accounts and demand deposit accounts. It can be worthwhile to understand the differences between a demand deposit vs. time deposit ...

State-run Land Bank of the Philippines on Tuesday announced the launching of a digital deposit account for Filipinos abroad and overseas Filipino workers (OFWs). In a news release, Landbank said its ...