PNB Renminbi Savings Account is a passbook-based, Renminbi-denominated savings account that earns interest.
Product Features:
- Interest-earning account*
- Monitor account by updating the passbook
*ADB must be CNY 2,500.00 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: CNY 2,500.00
PNB Renminbi Savings Account Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | CNY 2,500.00 |
| Minimum Maintaining Balance | CNY 2,500.00 |
| Minimum ADB to Earn Interest | CNY 2,500.00 |
| Interest Rate | 0.250% p.a |
| Dormancy | 2 years |
| Dormancy Fee | none |
| 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. | CNY 50.00 |
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% transaction amount of Php 100.00, whichever is higher |
The PNB Renminbi Savings Account is available in select PNB branches nationwide. Click here to see the list.