Use this checking account for limited check issuances to maximize your money’s potential. Take advantage of the low maintaining balance so you can free up your funds for other interest-earning or high yield investments.
Product Features:
- Low maintaining balance
- Non-Interest earning account
- Statement of accounts are sent on a monthly basis
- Issue check as medium of payment
- Convenient and safer to carry than cash
- Deposit/Withdraw at PNB’s extensive branch network nationwide
Requirements for Account Opening:
- 2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)
- 2 ID pictures (1×1 or 2×2)
- Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form
Required Initial Deposit: Php 5,000.00
Budget Checking Account Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | Php 5,000.00 |
| Minimum Maintaining Balance | Php 5,000.00 |
| Minimum ADB to Earn Interest | – |
| Interest Rate | – |
| Dormancy | 1 year |
| **Dormancy Fee | Php 30.00 |
| Other Charges | |
|---|---|
| Checkbook cost | Php 175.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | Php 300.00 |
|
Interbranch/interoffice deposit transactions Except transactions made between and among the following branches –
|
Free Php 100.00 |
|
Interbranch/interoffice withdrawal transactions Except transactions made between and among the following branches –
|
Free Php 200.00 |
** Dormancy fees on a dormant deposit accounts shall be collected when:
– 5 years after the last activity and
– If the balance falls below the required minimum maintaining balance.
The PNB Budget Checking Account is available at all PNB branches nationwide.