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Showing 1–3 of 3 articles for “time deposit”

Duty to Disclose Accrued Interest in SALNs and the Limits of Administrative Liability

The Supreme Court clarifies that public officials must declare accrued interest on time deposits in their SALNs, but penalties consider good faith.

Bank Negligence and Fiduciary Duty in Handling Foreign Currency Deposits

Philippine Supreme Court ruling on bank liability for negligence in handling foreign currency time deposit pretermination and fiduciary duty.

Deposit Insurance Claims When Banks Fail Are Your Deposits Protected

Learn how PDIC deposit insurance works when a bank fails, and why a certificate of time deposit does not guarantee payment.