Author Topic: SDA vs Time Deposit (Read 43792 times)

m_lim · « **on:** October 18, 2010, 10:45:34 pm »

alin ba mas okay? naguguluhan kasi ako sabi ng BPI, ang SDA nila is 2.87net p.a vs HSBC time deposit na 3%net p.a, 6months witholding.

curandera · « **Reply #1 on:** October 19, 2010, 01:18:14 am »

Sis, ang alam ko sa BPI is 30 days lang ang holding time. As in net and wala ng expenses na ide-deduct dyan? Kung wala na and kailangan mo yung pera agad then I think mas ok ang BPI.

m_lim · « **Reply #2 on:** October 19, 2010, 07:33:36 am »

^yes, parehong net na yan. pero given na hindi ko gagamitin ang money agad, edi mas mataas parin sa HSBC diba?

showermist · « **Reply #3 on:** November 26, 2010, 02:41:21 pm »

kahit ano pa mga computations nila, at the end of the day(er, month or term), sino sa kanila ang mas mataas? yun na ang piliin mo sis

stormy · « **Reply #4 on:** November 26, 2010, 05:57:54 pm »

Binigyan ako ng hsbc ng 4.17% gross. Ano kaya net nito? Anyway, for 30 days itong binigay na rate. D ko naitanong if mas tataas pa kung mas matagal ang holding period.

showermist · « **Reply #5 on:** November 27, 2010, 08:06:07 am »

^ask for computation sis. I usually do that and I usually ask them of sample computation. Just to make sure.

stormy · « **Reply #6 on:** November 27, 2010, 03:21:34 pm »

^will do sis

itanong ko na lang ang net para mas mabilis ko ikumpara sa iba

sinisterspark · « **Reply #7 on:** November 27, 2010, 06:07:24 pm »

Another factor for deciding is yung time deposit, kasama yan sa overall FDIC guarantee (tama ba? yung insurance ng bank). Sabi sa akin ng BPI, yung SDA separate guarantee sya kasi guaranteed by BSP sya not the bank, so parang tumataas yung total insured amount mo sa bangko in case malugi yung bank (although extreme circumstance ito).

catherine ann · « **Reply #8 on:** November 28, 2010, 03:01:13 am »

Sis ganito computation ng SDA ko sa Metrobank

Net coupon rate : 3.350000% p.a.
Trust Fees : 0.350000% p.a.
Net Indicative Yield: 3.000000 % p.a.

1M minimum deposit

Sa BPI naman

Gross Yield (% p.a.) : 4.1875%
Trust Fee : 0.50% p.a.
Interest p.a. : 2.875 % p.a.

100K minimum deposit/transaction amount

Same pala sa BPI and BDO ang interest at mas mataas sa Metrobank . . . 1M din ang minimum deposit sa BDO. At pwede rin rollover yung deposit mo. 2 years ago ang taas ng interest rate more than 6% gross p.a. At kung gusto nyo naman ng mas mataas na interest ay mag-antay na lang ng offer ng bank ng tier 2 mas mataas ang interest kaya lang nakalock yung money mo for 5 years at pwedeng extend up to 10 years.

showermist · « **Reply #9 on:** November 28, 2010, 10:23:11 am »

^sis, flat rate ba ang interest all through the term? i am interested bigla

stormy · « **Reply #10 on:** November 28, 2010, 11:53:28 am »

^^sis bakit after ng TF 2.8% na lang natira sa BPI?

orangepulp · « **Reply #11 on:** November 28, 2010, 07:27:35 pm »

^yan din ang tanong ko

stormy · « **Reply #12 on:** December 06, 2010, 10:15:53 am »

RCBC sda rate for 2M and below - 2.85% net p.a. 31 days tenor

2M+ 3.1% net p.a.

Nagtanong ako baka pwede taasan kaunti sa 3.1% may tinawagan, sabay sabi: 50M lang raw pwede negotiated rate. Thank you naman

kaya kahit 1 wala akong acct sa rcbc, lakas ng customer service kasi. Lakas makawala ng gana.

m_lim · « **Reply #13 on:** December 06, 2010, 10:58:43 pm »

nag SDA narin ako sa BPI kanina. automatic roll over na ginawa ko para hindi ko na kailangan pumunta every month.

jspydrej · « **Reply #14 on:** January 28, 2011, 11:45:53 am »

tanong ko lang po di po ba risky ang SDA?meron ako nito sa BPI tapos pina sign po ako nila ng BPI ASSET MANAGEMENT INVESTMENT POLICY, WAIVER FOR CLIENT INVESTING IN TRUST PRODUCTS WITH HIGHER RISKS, nag sign din po ako ng RISK DISCLOSURE STATEMENT. any other opinion. thanks

caeca · « **Reply #15 on:** January 28, 2011, 09:54:38 pm »

hi sis, ganun talaga pag SDA, may waiver. an SDA is actually a product of the bangko sentral, pero yung placement is done in individual banks. so kahit papano, safe and low-risk sya.

i also have an SDA in BPI and in another bank, at may waiver din.

sinisterspark · « **Reply #16 on:** January 28, 2011, 10:04:15 pm »

For the time deposit in the bank, the bank is in effect the "debtor". For the SDA, the bank serves as the agent and the "debtor" is the Philippine government. So, para syang bonds in a way but it's shorter term. The bank teller told me that the central bank guarantees the SDA. This makes it a very safe investment in general, the question lang is if the bank you're investing w/ is trustworthy... so siguro kung BPI ok lang, pero kung rural bank na hindi kilala yung nagooffer ng SDA baka magpa-pass na lang muna ako.

Hindi ko sure kung alin yung technically mas safe, although I think w/ both, they're both in the very safe category. Sa time deposit, I guess kausap mo directly yung bank, so that's a point for safety. You can also cancel the time deposit anytime pero may penalty. Sa SDA kasi ang alam ko pino-pool ng bank yung mga investments sa SDA so mas indirect sya. Hindi mo rin sya pwede ipre-terminate. However, based on the nature of SDAs - short term debt, government backed - safe na safe parin.

izzybaby · « **Reply #17 on:** February 16, 2011, 01:05:46 pm »

every one month lang din pag sda unlike in td maturities differ as well as the rate offered. since we are technically lending to bsp, it's almost risk-free since bsp can print money in case of liquidity crisis. that's also the reason why the rates are too low kasi almost risk-free.

if you need higher returns, go for riskier assets.

tasha26 · « **Reply #18 on:** February 18, 2011, 03:16:49 am »

Sisses,
If I withdraw my money in TD before the time period, would the penalty be imposed on the interest earned only or would the principal be also exposed to this penalty?Would anybody know?

catherine ann · « **Reply #19 on:** February 25, 2011, 02:11:08 am »

^interest and principal plus documentary stamps (not sure parang for every 200 pesos 1.00 docu stamps)

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Author Topic: SDA vs Time Deposit (Read 43792 times)