What are the fees or charges for pre-terminating my #UNOReady@GCash by UNO Bank time deposit?
If you pre-terminate your time deposit account with #UNOReady@GCash by UNO Bank, a pre-termination penalty fee will be charged to you. Check out the penalty fees below:
Documentary Stamp Tax (DST) charge | Pre-termination Penalty |
PHP 1.50 for every PHP 200 of the principal amount. | 50% of gross interest earned if pre-terminated at the first half of the tenure |
For time deposits with tenure of less than 1 year: DST = (Original Tenure in Days / 365*) x (1.50 / 200) x Principal Amount *366 for a leap year |
25% of gross interest earned if pre-terminated at the second half of the tenure |
You may only withdraw the full amount of your time deposit.
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