1. DEPOSIT ACCOUNT PRODUCTS 1.1. ATM SAVINGS ACCOUNT

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Clifton Blair
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1 Disclosure Statement: Processing Time is reckoned from the time the complete and properly filled up documents are received by the Bank Responsible Person until the transaction of the Client is completed. Processing Time does not include waiting time that may vary depending on the number of clients availing the bank products/services or systems breakdown. 1. DEPOSIT ACCOUNT PRODUCTS 1.1. ATM SAVINGS ACCOUNT An interest bearing peso savings account wherein deposit transactions are done over-the-counter, while withdrawal transaction are done via Automatic Teller Machines (ATM) 24 hours a day, 7 days a week. Deposit and withdrawal transactions may also be done over-the-counter but only during official banking hours/days. ATM withdrawals may also be made at any Expressnet, Bancnet and Megalink ATMs. Hassle-free and cashless purchases may also be done through any Point-of-Sale (POS) terminals from partner merchants across the country. Individual At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Minimum Initial Deposit P500 Required Monthly ADB P500 Required Daily Balance To Earn Interest P500 Interest Rate (per annum) 0.375% Maximum Withdrawable Amount per Day P50,000 Point-of-Sale (POS) -Cashless Payments per day,000 Service Fee For Falling Below The Required Minimum ADB P200/month Closing Fee 1 Dormancy Fee 2 P200 P200/ month ATM card

2 Replacement Fee For Lost ATM Card P50 Note: ATM Cards are issued to cardholders upon opening of the account; however, ATM cards for joint accounts are issued three (3) days after account opening. 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transactions for two (2) years and falling below the required ADB. Overseas Filipino Minimum Initial Deposit Required Monthly ADB Required Daily Balance To Earn Interest P500 Interest Rate (per annum) 0.375% Maximum Withdrawable Amount per Day P50,000 Point-of-Sale (POS) -Cashless Payments per day,000 Service Fee For Falling Below The Required Minimum ADB None Closing Fee 1 Dormancy Fee 2 Replacement Fee For Lost ATM Card P200 / month ATM card 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transactions for two (2) years and falling below the required ADB. P CURRENT ACCOUNT WITH ATM ACCESS A non-interest bearing peso account, also known as Checking or Demand Deposit Account wherein withdrawals are made either through the issuance of a check, via ATM, or over-the-counter in case ATM machine is not available. Withdrawals may also be made 24 hours a day,

3 7 days a week at any Expressnet, Bancnet and Megalink ATMs. Hasslefree and cashless purchases may also be done through any Point-of-Sale (POS) terminals from partner merchants across the country. Existing depositors of good business standing New depositors with referral from LANDBANK officers or from known and valued clients of the bank Minimum Initial Deposit P5,000 Required Minimum Monthly ADB P5,000 Service Fee for Falling Below Monthly ADB P200/month Closing Fee 1 P200 Dormancy Fee 2 P200/month Maximum Withdrawable Amount per day P50,000 Point-of-Sale (POS) - Cashless Payment per day,000 Other Fees and Charges Checkbook 3 and ATM Card 4 ATM Card Replacement Fee P50 Stop Payment Order (SPO) per check requested Returned Check P2,000/check Penalty Charge for RCOCI for every P40,000 P200 amount of check or a fraction thereof Reprinting of Bank Statements* Private - transactions beyond two (2) months Government - transactions beyond one (1) year *reckoned from opening date Bank Statement's Holding Fee -requested bank statements not claimed/picked-up within one (1) month P20/page

4 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transactions for one (1) year and falling below the required ADB. 3 Upon closure, all unused checks will be returned to the branch where account is maintained. 4 ATM Cards are issued to cardholders upon opening of account; however, ATM cards for joint accounts are issued three (3) days after account opening EASY SAVINGS PLUS (ESP) Easy Savings Plus (ESP) is a premium savings account which offers higher interest rates versus a regular savings account and are tiered based on ADB levels. Individuals At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Minimum Initial Deposit P20,000 Interest Rate (per annum) Based on market rates (tiered rates based on daily balance) Required Minimum Monthly ADB P20,000 Required Daily Balance to Earn Interest P20,000 Service Fee For Falling Below the Required Minimum ADB Pre-termination Rate/Penalty Dormancy Fee 1 Documentary Stamp Tax (DST) P200/month P200 - closing of account within thirty (30) days from date of account opening P200/month To be shouldered by the bank. If pre-terminated, the depositor is

5 required to pay DST. Allowed number of withdrawals per Month Service Fee in Excess of Two (2) Withdrawals/ Month Two (2) Replacement Fee For Lost Passbook /withdrawal Passbook 1 Accounts with no deposit/withdrawal transaction for two (2) years falling below the required ADB HIGH - YIELD SAVINGS ACCOUNT High Yield Savings Account (HYSA) is a peso account wherein funds of a specific amount are given pre-determined competitive rates for a fixed term. Passbook also serves as a proof of deposit. This account is offered to institutional clients. Government line and attached agencies Government Owned and Controlled Cooperations (GOCCs) Government Financial Institutions (GFIs) Local Government Units (LGUs) Private Institutions Minimum Initial Deposit Term Interest Rate (per annum) Pre Termination Rate/Penalty P1,000,000 Minimum of 30 days and Maximum of 360 days Based on weekly posted rates; varies depending on amount and term. Interest rate shall be pro-rated: o 15 days and below = 1/4 of the given rate or prevailing savings rate whichever is higher o more than 15 days=1/2 of the given rate or prevailing savings rate whichever is higher

6 Replacement Fee for Lost Passbook Documentary Stamp Tax (DST) HYSA Passbook o To be shouldered by the bank. o If pre-terminated, the depositor is required to pay DST HARVEST 5 A five (5) Year Time Deposit (Tax free) ; A long term deposit account. Individuals (Single or Joint Accounts) Minimum Placement Term Interest Rate (per annum) Tax Exemption Pre-Termination Rate/Penalty,000 Five (5) years and One (1) day Based on latest Fixed Rate Treasury Notes (FXTN) Fixed annual rate for the duration of the term No withholding tax and documentary stamp tax (DST) if Harvest 5 is maintained for five (5) years and one (1) day. 1. Interest Rate shall be pro-rated: o ninety (90) days and below = prevailing savings rate o more than ninety (90) days = prevailing CTD posted rate above 45 days. 2. Withholding tax on interest shall be withheld: o 20% = less than 3 years o 12% = 3-4 years o 5% = more than 4 years 3. The depositor is required to pay the full amount of Documentary Stamp Tax (DST)

7 Options for Crediting of Interest Earned* * The depositor shall only choose one (1) option upon placement of deposit and shall be applied for the whole term of the placement. Feature As Credit Line 1. Interest for reinvestment Interest earned shall be credited to the account every 31 st day to be reinvested with the principal deposit until maturity. Compounded monthly 2. Interest for credit to an affiliate LBP ATM account Interest earned shall be credited to the affiliate LBP ATM account every 31 st day. Affiliate ATM Account is exempted from all bank charges except for interbranch and interbank charges. Same affiliate LBP ATM account may be utilized by the depositor for succeeding placements Harvest 5 accounts may be used as a security for a credit line subject to LANDBANK's existing policy on hold-out on deposits. Certificate on Time Deposit (CTD) 1.6. PESO E.A.S.Y. (EARNING ACCESS & SURE YIELD) CHECK An interest-bearing peso current account (IBCA) wherein deposits are made over-the-counter whereas withdrawals are made through the issuance of a check. Individuals Existing depositors of good standing New depositors with referral from LANDBANK officers or from known and valued clients of the Bank Institutional Reputable private corporations, cooperatives, partnerships and associations

8 INDIVIDUAL Minimum Initial Deposit P10,000 P20,000 Required Minimum Monthly ADB P10,000 P20,000 Interest Rate (per annum) 0.375% 0.375% Service Fee for Falling Below ADB P200 P200 Closing Fee 1 P200 P200 INSTITUTIONAL Dormancy Fee 2 P200/month P200/month 3 Checkbook Checkbook Maximum number of check issuances Other Fees and Charges No limit No limit Stop Payment Order (SPO) per check requested Returned Check Penalty Charge for RCOCI for every P40,000 amount of check or a fraction thereof Reprinting of Bank Statements* Private - transactions beyond two (2) months Government - transactions beyond one (1) year *reckoned from opening date Bank Statement's Holding Fee -requested bank statements not claimed/picked-up within one (1) month P2,000/check P200 P20/page 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transaction for one (1) year and falling below the required ADB. 3 Upon closure, all unused checks will be returned to the branch where account is maintained.

9 1.7. PESO E.A.S.Y. (EARNING ACCESS & SURE YIELD) CHECK WITH ATM ACCESS An interest-bearing peso current account (IBCA) wherein deposits are made over-the-counter or through the ATM whereas withdrawals are made through the issuance of a check via ATM or over-the-counter in case ATM machine is not available. Withdrawals may also be made 24 hours a day, 7 days a week at any Expressnet, Bancnet, and Megalink ATMs. Hassle-free and cashless purchases may also be done through any Point-of-Sale (POS) terminals from partner merchants across the country. Existing depositors of good standing New depositors with referral from LANDBANK officers or from known and valued clients of the Bank Minimum Initial Deposit P10,000 Required Minimum Monthly ADB P10,000 Required Daily Balance to Earn Interest P10,000 Interest Rate (per annum) 0.375% Service Fee for Falling Below the Required ADB P200/month Closing Fee 1 Dormancy Fee 2 P200 P200/month Maximum Withdrawable Amount per Day P 50,000 Point-of-Sale (POS) cashless payment per day Other Fees and Charges P 100,000 Checkbook 3 and ATM Card 4 ATM Card Replacement Fee Stop Payment Order (SPO) Returned Check P50 per check requested P2,000/check

10 Penalty Charge for RCOCI for every P40,000 amount of check or a fraction thereof Reprinting of Bank Statements* Private - transactions beyond two (2) months Government - transactions beyond one (1) year *reckoned from opening date Bank Statement's Holding Fee -requested bank statements not claimed/picked-up within one (1) month P200 P20/page 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transaction for one (1) year and falling below the required ADB TIME DEPOSIT A specific amount of funds in peso which earns interest at a predetermined competitive rate for a fixed period of time/term with a Certificate of Time Deposit (CTD) as proof of deposit. This is offered to individuals and institutions who/which have peso denominated funds which maybe locked-in with the bank for at least thirty (30) days. Individuals At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Institutional Government Line Agencies, Government Owned and Controlled Corporations (GOCCs), Local Government Units (LGUs) Private corporations, cooperatives, partnerships, associations and other duly registered organizations

11 Minimum initial deposit Term Interest rate (per annum) Pre-termination rate/penalty Documentary Stamp Tax (DST) P1,000 Minimum of 30 days and Maximum of 360 days Based on market rates, amount and terms Revert to prevailing regular savings rate Certificate of Time Deposit (CTD) To be paid by the depositor upon opening/renewal 1.9. REGULAR CURRENT ACCOUNT A non-interest bearing peso account, also known as Checking or Demand Deposit Account wherein deposits are made over-the-counter, whereas withdrawals are made through the issuance of a check. Individuals Existing depositors of good standing New depositors with referral from LANDBANK officers or from known and valued clients of the bank Institutional Government Line Agencies, Government - Owned and Controlled Corporations (GOCCs), Local Government Units (LGUs) Reputable private corporations, cooperatives, partnerships and associations

12 INDIVIDUAL Minimum Initial Deposit P5,000 P10,000 Required Minimum Monthly ADB P5,000 P10,000 Service Fee For Falling Below The Required ADB P200/month Closing fee 1 P200 P200 INSTITUTIONAL P200 /month Dormancy fee 2 P200/month P200/month 3 Checkbook Checkbook Other Transaction Fee Stop Payment Order (SPO) per Check Requested Returned Check Penalty Charge for RCOCI for every P40,000 Amount of Check or a Fraction Thereof Reprinting of Bank Statements* Private - transactions beyond two (2) months Government - transactions beyond one (1) year *reckoned from opening date P2,000/Check P200 P20/page Bank Statement's Holding Fee -requested bank statements not claimed/picked-up within one (1) month 1 If closed within thirty (30) days from opening date. 2 Accounts with no deposit/withdrawal transactions for one (1) year and falling below the required ADB. 3 Upon closure, all unused checks will be returned to the branch where account is maintained.

13 1.10. US$ DOLLAR SAVINGS ACCOUNT An interest bearing dollar account which requires presentation of a passbook for deposit and withdrawal transactions. Individuals At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Institutional Government Line Agencies (GLAs), Government Owned and Controlled Corporations (GOCCs), Local Government Units (LGUs) Private corporations, cooperatives, partnerships, associations and other duly registered organizations INDIVIDUAL Minimum Initial Deposit $100 $1,000 Required Minimum Monthly ADB Required Daily Balance to Earn Interest $500 $1,000 $500 $1,000 Interest Rate (per annum) 0.15% 0.15% Service Fee for Falling Below ADB $5/month Closing fee 1 P200 P200 $5/month Dormancy fee 2 $5 /month $5/month Replacement Fee for Lost Passbook Passbook Passbook INSTITUTIONAL

14 Other Transaction Fees Inter-branch Deposit/Withdrawal Accommodation (Notes only) Service fee in Excess of Two (3) Withdrawals/Month Withdrawal Prior to Expiry of Holding Period $ 5/transaction $0.50/withdrawal 1/4 of 1% of the amount withdrawn within the holding period of 15 banking days 1 If closed within thirty (30) calendar days from date of account opening. 2 Accounts with no deposit/withdrawal transaction for two (2) years and falling below the required ADB U.S. DOLLAR TIME DEPOSIT A specific amount of funds in dollar which earns interest at a predetermined competitive rate for a fixed period of time/term with a Certificate of Time Deposit (CTD) as proof of deposit. Individuals At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Institutional Government Line Agencies, Government Owned and Controlled Corporations (GOCCs), Local Government Units (LGUs) Private corporations, cooperatives, partnerships, associations and other duly registered organizations

15 Minimum Placement $1,000 Term Interest Rate Pre termination Rate/Penalty Documentary Stamp Tax (DST) Minimum of 30 days and Maximum of 360 days Based on weekly posted rates; varies depending on amount and term Revert to prevailing regular savings rate Certificate of Time Deposit (CTD) None LANDBANK E-$-P (EASY DOLLAR PENSION) An alternative payment scheme whereby the monthly pension/ benefit of pensioners/beneficiaries of various US Federal agencies residing in the Philippines is directly credited to their savings account maintained with LANDBANK. The US pensioner/beneficiary has the option to open either an individual Peso Savings Account or individual Dollar Savings Account. Pensioners/beneficiaries of various Federal agencies who are residing in the Philippines Type of Account Minimum Initial Deposit Required Minimum Monthly ADB Required Daily Balance to Earn Interest Interest Rate (per annum) Allowed Number of Individual Savings Account (Peso or Dollar) Any Amount Waived Bank s prevailing ADB requirement Bank s prevailing interest rate Peso Account - no limit

16 Withdrawals per Month Replacement Fee for Lost Passbook Dollar Account - 3 times per month Passbook Note: All other charges for Regular Peso and Dollar Savings Account shall be applicable HIGH-YIELD U.S. DOLLAR 3-YEAR TIME DEPOSIT A three (3) year term US dollar time deposit account which earns a much higher interest than the regular time deposit and savings deposit products. Individuals At least seven (7) years of age Able to read and write Not suffering from any legal disability With credible identification Institutional Government Line Agencies, Government Owned and Controlled Corporations (GOCCs), Local Government Units (LGUs) Private corporations, cooperatives, partnerships, associations and other duly registered organizations Minimum Placement $5,000 Term Three (3) years Interest Rate Pre termination 2.5% p.a. (fixed rate during the 3-year term) - subject to 7.5% withholding tax Interest Rate shall be pro-rated:

17 Rate/Penalty o Less than 1 year = prevailing regular US dollar savings rate Documentary Stamp Tax (DST) o More than 1 year = prevailing US dollar time deposit rate for days shall apply. Certificate of Time Deposit (CTD) None

DBP DEPOSIT REQUIREMENTS AND BANK SERVICE AND ATM-RELATED CHARGES

DBP DEPOSIT REQUIREMENTS AND BANK SERVICE AND ATM-RELATED CHARGES Required Initial Required Minimum Monthly ADB Required ADB to earn interest SAVINGS ACCOUNT INDIVIDUAL Savings with ATM P 500 P 500 P 500