Regular Trust Accounts

Retirement Fund Management
A plan established for the benefit of employees employed in a common enterprise. The plan provides for a Fund which is created out of contributions from the employer.
 
Investment Management
Refers to the management of assets of individual and corporate clients. The assets together with all the income generated will be returned to the clients as instructed. 

  As Investment Manager, designs and implements investment strategies suited to clients  specific requirements.
  Disposition of funds may be subject to full or limited discretion of the Bank.

   Minimum Investment : Php 1.00 Mn
   Terms of Securities: 1 year
   Tax: 20% WT
   Fee: 0.5 – 1.5 %
   Investment Securities: Government Securities
   Commercial Papers
   Special Savings Deposit of accredited banks
   Corporate Promissory Notes (PNs)

Escrow Agency
A written instrument whereby a bank as Escrow Agent acts a mediator to two parties involved in a business transaction. Fulfillment of the Escrow is dependent on a certain contingency or on the happening of a certain event.

TYPES:
POEA Escrow - Recruitment Agencies are required to set up a Trust Fund for any claims of the overseas contract workers.
REGULAR Escrow - usually involves a buy and sell transaction.

Mortgage Trust Indenture