Trust Account Agreement Template for Philippines

1. Investment Guidelines: Detailed investment parameters and restrictions - used when the trust includes investment management services

2. Distribution Provisions: Rules for distributing trust assets or income - used when regular distributions are required

3. Co-Trustee Provisions: Rules governing multiple trustees - used when more than one trustee is appointed

4. Foreign Currency Provisions: Special provisions for foreign currency transactions - used for foreign currency trust accounts

5. Digital Access: Terms for online account access and digital services - used when electronic banking services are provided

6. Special Powers: Additional powers granted to trustee - used for specific trust arrangements requiring unique authorities

7. Tax Provisions: Specific tax handling instructions - used when special tax considerations apply

1. Schedule A - Initial Trust Property: Detailed inventory of initial assets placed in trust

2. Schedule B - Authorized Signatories: List of persons authorized to give instructions regarding the trust

3. Schedule C - Fee Schedule: Detailed breakdown of fees and charges

4. Schedule D - Investment Guidelines: Specific investment parameters and restrictions

5. Schedule E - Distribution Instructions: Detailed distribution rules and beneficiary information

6. Appendix 1 - KYC Documentation: Required customer due diligence documents

7. Appendix 2 - Specimen Signatures: Signature specimens of authorized persons

8. Appendix 3 - BSP Mandatory Disclosures: Required regulatory disclosures and risk warnings