Fixed/Non-Withdrawable CapCon Balance
July 23, 2019 | 2:34 pm
In compliance with BSP Circular No. 789, all SLAIs are required to hold 10% of your highest Capital Contribution balance as a fixed/ non-withdrawable amount. While your Capcon will still continue to earn dividends, this held-out amount may only be withdrawn upon termination of membership and closure of the Capcon account.
(Alinsunod sa BSP Circular No. 789, lahat ng SLAI ay inatasang mag-iwan ng 10% ng pinakamataas na balanse sa Capital Contribution account ng mga miyembro. Ang halagang nakahold ay magkakaroon pa rin ng dibidendo ngunit ito ay maaari lamang withdrawhin kung ang miyembro ay magpapatigil na ng kanyang membership at magsasara ng kanilang Capcon account.)
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