This is a non-interest earning checking account and is withdrawable by checks. Monthly statement of account is given to clients
Product Features:
- 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 10,000.00
Regular Checking Account Fees and Charges
| Balance Requirement | ||
|---|---|---|
| Individual | Corporate | |
| Initial Deposit | Php 10,000.00 | Php 10,000.00 |
| Minimum Maintaining Balance | Php 10,000.00 | Php 10,000.00 |
| Minimum ADB to Earn Interest | – | – |
| Interest Rate | – | – |
| Dormancy | 1 year | 1 year |
| **Dormancy Fee | Php 30.00 | Php 30.00 |
| Other Charges | ||
|---|---|---|
| Checkbook cost | Php 175.00 | Php 350.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | Php 300.00 | Php 500.00 |
|
Interbranch/interoffice deposit transactions Except transactions made between and among the following branches –
|
Free Php 100.00 |
Free Php 100.00 |
|
Interbranch/interoffice withdrawal transactions Except transactions made between and among the following branches –
|
Free Php 200.00 |
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 Regular Checking Account is available at all PNB branches nationwide.