Ƶ

All Countries
Banking
Cash Deposit Agreement

Cash Deposit Agreement Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Cash Deposit Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Cash Deposit Agreement

"I need a Cash Deposit Agreement for a Philippine peso fixed deposit of 10 million PHP between ABC Corporation and Metro Bank, with a 12-month term starting January 15, 2025, including quarterly interest payments and special withdrawal provisions for corporate restructuring events."

Celebrated by
Collaborations with
Investors
Document background
The Cash Deposit Agreement serves as a crucial legal document in Philippine banking operations, establishing the contractual relationship between a financial institution and its depositors. This agreement is essential when establishing significant deposit arrangements, particularly for high-value deposits, corporate accounts, or special deposit products. It ensures compliance with Philippine banking regulations, including BSP requirements, anti-money laundering laws, and the Bank Secrecy Law. The document typically includes detailed terms on interest rates, deposit tenure, withdrawal conditions, and account operation procedures, while incorporating necessary consumer protection provisions required under Philippine law. It's particularly important for business relationships requiring detailed documentation of deposit terms beyond standard bank account terms and conditions.
Suggested Sections

1. Parties: Identification of the depositor and the bank, including complete legal names, addresses, and registration details

2. Background: Brief context of the deposit arrangement and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Deposit Amount and Currency: Specification of the initial deposit amount and currency

5. Term and Maturity: Duration of the deposit and maturity conditions

6. Interest Rate and Calculation: Interest rate, calculation method, and payment frequency

7. Account Operation: Rules and procedures for operating the deposit account

8. Rights and Obligations: Detailed responsibilities and rights of both parties

9. Fees and Charges: Any applicable fees, charges, or deductions

10. Representations and Warranties: Standard declarations by both parties regarding their capacity and authority

11. Confidentiality: Provisions regarding the confidentiality of account information as per Philippine banking laws

12. Termination: Conditions and procedures for early termination or withdrawal

13. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction details

14. Notices: Process for sending and receiving formal communications between parties

15. Execution: Signature blocks and execution formalities

Optional Sections

1. Foreign Currency Provisions: Additional terms specific to foreign currency deposits, required when the deposit is not in Philippine Peso

2. Tax Provisions: Detailed tax implications and withholding requirements, particularly relevant for high-value deposits or non-resident depositors

3. Electronic Banking Services: Terms for online banking access and electronic services if offered with the deposit account

4. Joint Account Provisions: Required when the deposit is held by multiple parties

5. Corporate Authority: Additional provisions required when the depositor is a corporate entity

6. Insurance Coverage: Details of PDIC insurance coverage, particularly relevant for high-value deposits

7. Force Majeure: Provisions for extraordinary events affecting the deposit arrangement

8. Assignment: Terms regarding the transferability of the deposit, if permitted

Suggested Schedules

1. Schedule A - Interest Rate Sheet: Detailed breakdown of applicable interest rates and tiers

2. Schedule B - Fee Schedule: Comprehensive list of all applicable fees and charges

3. Schedule C - Authorized Signatories: List of authorized signatories and specimen signatures

4. Schedule D - Required Documentation: List of required KYC and due diligence documents

5. Appendix 1 - Account Opening Forms: Standard bank forms required for account opening

6. Appendix 2 - Terms and Conditions: Bank's standard terms and conditions for deposit accounts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions































Clauses




























Relevant Industries

Banking

Financial Services

Insurance

Real Estate

Manufacturing

Retail

Construction

Technology

Healthcare

Education

Non-Profit Organizations

Professional Services

Hospitality

Transportation

Energy

Relevant Teams

Legal

Finance

Treasury

Compliance

Risk Management

Operations

Corporate Banking

Retail Banking

Customer Service

Internal Audit

Business Development

Account Management

Relevant Roles

Chief Financial Officer

Treasury Manager

Finance Director

Banking Relationship Manager

Compliance Officer

Legal Counsel

Account Manager

Financial Controller

Risk Manager

Corporate Secretary

Investment Manager

Branch Manager

Operations Manager

Audit Manager

Business Development Manager

Corporate Treasurer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Non Refundable Contract

A Philippine law-governed agreement establishing non-refundable payment terms and conditions, with clear acknowledgment provisions and consumer protection compliance.

find out more

Term Deposit Agreement

A Philippine-law governed agreement establishing terms and conditions for a fixed-term deposit account between a financial institution and depositor, compliant with BSP regulations.

find out more

Hold Deposit Agreement

A Philippine law-governed agreement establishing terms for holding a deposit amount between parties, specifying conditions for deposit maintenance and release.

find out more

Security Deposit Transfer Agreement

A Philippine law-governed agreement facilitating the transfer of security deposits between property owners/landlords during ownership or management changes.

find out more

Non Refundable Payment Agreement

A Philippine law-governed agreement establishing terms for non-refundable payments between parties, including payment terms and acknowledgment of non-refundability.

find out more

Non Refundable Deposit Purchase Agreement

A Philippine law-governed agreement establishing terms for a non-refundable deposit in a purchase transaction, protecting both seller and buyer interests.

find out more

Property Deposit Agreement

A Philippine law-governed agreement establishing terms for property purchase deposits, securing buyer interest and seller commitment while ensuring regulatory compliance.

find out more

Sale Deposit Agreement

A Philippine law-governed agreement that formalizes the terms and conditions of a deposit payment in connection with a sale transaction.

find out more

Authorization Agreement For Automatic Deposits

A Philippine-law governed agreement authorizing automatic deposits between a financial institution and account holder, establishing terms for automated payment processing.

find out more

Good Faith Deposit Contract

A Philippine law-governed agreement establishing terms for a good faith deposit to demonstrate serious intent in a transaction.

find out more

Direct Deposit Agreement

A Philippine-compliant agreement establishing terms for automatic electronic fund transfers to designated bank accounts, governed by BSP regulations and local banking laws.

find out more

Reservation Deposit Agreement

A Philippine law-governed agreement that formalizes property reservation through deposit payment, setting terms for future purchase.

find out more

Agreement For Security Deposit

A Philippine law-compliant agreement establishing terms and conditions for handling security deposits in property rental arrangements, including deposit amount, maintenance, and return conditions.

find out more

Cash Deposit Agreement

A Philippine law-governed agreement establishing terms and conditions for cash deposits between a financial institution and depositor, compliant with BSP regulations.

find out more

6 Month Rent Contract

A Philippine-law compliant 6-month residential lease agreement establishing terms for property rental and tenant-landlord obligations.

find out more

Refundable Deposit Agreement

A Philippine law-governed agreement establishing terms for a refundable monetary deposit, including payment conditions and refund procedures.

find out more

Agreement For Deposit Payment

A Philippine law-governed agreement establishing terms and conditions for deposit payments, including payment terms, refund conditions, and parties' obligations.

find out more

Holding Deposit Contract

A Philippine law-compliant agreement securing a property through a holding deposit, outlining deposit terms and conditions between property owner and potential buyer/tenant.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.