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CARPER LAD Form No. 55 (Revised CarPlay Form No. 54) Republic of the Philippines LAND BANK OF THE PHILIPPINES CERTIFICATION OF DEPOSIT Date MEMORANDUM FOR : The SecretaryDepartment of Agrarian Reform
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Certification of deposit is a document issued by a bank to confirm that a certain amount of money has been deposited and will be held for a specific period of time at a specified interest rate.
Individuals or entities who have deposited funds in a bank and wish to obtain a certificate verifying their deposit may be required to file a certification of deposit.
To fill out a certification of deposit, one must provide personal information, details of the deposit amount, term length, and interest rate, along with any additional required information.
The purpose of certification of deposit is to provide proof of a deposit made with a bank, giving the depositor a secure and guaranteed investment.
The information reported on a certification of deposit typically includes the depositor's name, account number, deposit amount, maturity date, and interest rate.
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