Deposits

We prioritize the security of your funds. Open an account with us to ensure the safety of your money.

Savings Account

This account mandates an initial deposit of at least P500 and necessitates maintaining a balance. It accrues interest and is accompanied by a passbook. Withdrawals are permissible during banking hours at any given time.

  • Opening balance  ₱ 500.00
  • Maintaining balance  ₱ 2,000.00
  • Balance to earn interest  ₱ 2,000.00
  • Interest rate per annum 0.15%

Account opening requirements

Individual

  • For ages 18 years and older
  • 1 valid photo-bearing ID within the period of validity
  • 3 pcs. 1×1 photo
  • Proof of address (e.g., latest utility bill and/or billing statement
  • Certificate of employment (if employed)
  • Proof of income (if self-employed)

Corporation

  • 1 valid ID of signatories
  • 1 pc 1×1 or 2×2 photo of signatories
  • Secretary Certificate
  • By-Laws
  • General Information Sheet
  • SEC Registration
  • Articles of Incorporation

Young Savers Account

YSA, a savings account tailored for children aged 0-12, aims to instill financial literacy and teach the value of money from an early age.

  • Opening balance  ₱ 100.00
  • Maintaining balance  ₱ 2,000.00
  • Balance to earn interest  ₱ 2,000.00
  • Interest rate per annum 0.15%

Account opening requirements

  • For ages 0-12 years old
  • Birth certificate issued by the Philippine Statistics Authority (PSA)
  • 1 valid photo bearing ID of guardian or representative within the period of validity

Current Account

A checking account is a type of deposit account that permits the account holder to write checks against the funds in the account. It typically does not earn interest. For the Regular Current Account it requires a maintaining balance of ₱3,000.00.

  • Opening balance  ₱ 3,000.00
  • Maintaining balance  ₱ 3,000.00

Account opening requirements

Individual

  • For ages 18 years and older
  • 1 valid photo-bearing ID within the period of validity
  • 3 pcs. 1×1 photo
  • Proof of address (e.g., latest utility bill and/or billing statement
  • Certificate of employment (if employed)
  • Proof of income (if self-employed)

Corporation

  • 1 valid ID of signatories
  • 1 pc 1×1 or 2×2 photo of signatories
  • Secretary Certificate
  • By-Laws
  • General Information Sheet
  • SEC Registration
  • Articles of Incorporation

Time Deposit

A time deposit account is a type of deposit account characterized by a predetermined interest rate and term, established through mutual agreement between the bank and the depositor.

  • Opening balance5,000.00
  • Maintaining balance  ₱ 5,000.00
  • Balance to earn interest  ₱ 5,000.00
  • Interest rate per annum 0.25% up to 4.0%

Account opening requirements

Individual

  • For ages 18 years and older
  • 1 valid photo-bearing ID within the period of validity
  • 3 pcs. 1×1 photo
  • Proof of address (e.g., latest utility bill and/or billing statement
  • Certificate of employment (if employed)
  • Proof of income (if self-employed)

Corporation

  • 1 valid ID of signatories
  • 1 pc 1×1 or 2×2 photo of signatories
  • Secretary Certificate
  • By-Laws
  • General Information Sheet
  • SEC Registration
  • Articles of Incorporation

US Dollar Account

The Dollar Savings Account is an interest-bearing deposit account denominated in U.S. dollars. It includes a passbook for convenient account tracking.

  • Opening balance for Dollar Savings Deposit $ 100
  • Opening balance for Dollar Time Deposit $ 1,000
  • Balance to earn interest 500

Account opening requirements

Individual

  • For ages 18 years and older
  • 1 valid photo-bearing ID within the period of validity
  • 3 pcs. 1×1 photo
  • Proof of address (e.g., latest utility bill and/or billing statement
  • Certificate of employment (if employed)
  • Proof of income (if self-employed)

Corporation

  • 1 valid ID of signatories
  • 1 pc 1×1 or 2×2 photo of signatories
  • Secretary Certificate
  • By-Laws
  • General Information Sheet
  • SEC Registration
  • Articles of Incorporation

Deposits are insured by PDIC up to ₱ 500,000.00 per depositor

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