(English) How to invest in SDA – Special Deposit Accounts

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14 Responses to “(English) How to invest in SDA – Special Deposit Accounts”

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1. 11
   James | PinoyMoneyTalk.com Says:
   5�� 14th, 2009 at %H:%M

   Hi Jing, with time deposits and savings accounts, the money you give goes to the bank which they use to lend to other people or to invest so they can also earn money from it. If you invest in SDAs, on the other hand, the money does not go to the bank but rather to the BSP which pays the bank interest for “depositing” this money with them. The bank simply gets a cut from the interest rate it receives from the BSP and then the rest is given to you as interest for your SDA investment. Hope that clears it up!

2. 12
   Money Blogger Says:
   6�� 30th, 2009 at %H:%M

   Thanks for the info.

   What is the current interest rate for SDA?

3. 13
   shane Says:
   11�� 20th, 2009 at %H:%M

   hi james.
   lets say i have a million box and i use to put in sda. can you give me agood computation for 1ml. to 3.25% (1yr). salamat po

4. 14
   jonhappiness Says:
   3�� 3rd, 2010 at %H:%M

   Naku pagkalaki laking pera naman pala ang kailangan.

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