PNB Dollar Savings Account is an interest-bearing dollar deposit account wherein transactions are recorded in a passbook.
Product Features:
- Interest-earning account*
- Monitor account by updating the passbook
- Deposit/Withdraw at PNB’s extensive branch network nationwide
*ADB must be $ 1,000.00 to earn interest
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: $ 500.00
PNB Dollar Savings Account Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | $ 500.00 |
| Minimum Maintaining Balance | $ 500.00 |
| Minimum ADB to Earn Interest | $ 1,000.00 |
| Interest Rate | 0.100% p.a |
| Dormancy | 2 years |
| **Dormancy Fee | $ 0.50 |
| Record of Transactions | Upon request |
| Other Charges | |
|---|---|
| Passbook Replacement | $ 5.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | $ 10.00 |
Interbranch/interoffice Foreign Currency deposit transactions:
|
|
| Interbranch/interoffice Foreign Currency withdrawal transactions and On-Us Check Encashment (regardless of amount) | Php 200.00 |
Foreign Currency Fund Transfer, Cash and Check Deposit transactions made between and among the following branches –
|
1/4 of 1% of transaction amount or Php 100.00, whichever is higher |
** 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 Dollar Savings Account is available at all PNB branches nationwide.