Special ATM Card for OFWs Beneficiaries
- Zero opening and maintaining balance
- Earn interest for balances of P10,000 or $500 and up
- Save while abroad
- 24/7 ATM access thru PNB, MegaLink, BancNet and ExpressNet ATMs nationwide
| Product | Regular | OFW & Beneficiary |
|---|---|---|
| Peso ATM | Php 3,000.00 | Php 0.00 |
| Peso Passbook | Php 10,000.00 | Php 0.00 |
| Dollar Passbook | $ 500.00 | $ 0.00 |
- Acceptable identification cards (ID’s) to be presented upon opening of the account may be one of the following:
- Passport
- Original employment contract (duly notarized and approved by POEA ) will be accepted together with at least a photocopy of passport
- Drivers License
- Professional (PRC) license
- SSS/GSIS membership cards
- OFW ID (issued by POEA/OWWA)
- NBI/Police clearance
In addition to the above, documents without picture such as Marriage contract, BIR TIN and Credit cards should always be accompanied with a photographed ID. - 2 ID pictures (1X1 or 2X2)
- Letter of Introduction*
*This is only needed if the client is not ready to open OFW savings account due to lack of funds and identification. The Letter of Introduction must be submitted with one ID to the particular branch chosen by the OFW/Beneficiary.
PNB OFW Savings Account Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | Php 0.00 / $ 0.00 |
| Minimum Maintaining Balance | Php 0.00 / $ 0.00 |
| Minimum ADB to Earn Interest | Php 10,000.00 / $ 1,000.00 |
| Interest Rate Effectivity Date: February 1, 2015 |
0.100% p.a. |
| Dormancy | 2 years |
| Dormancy Fee | Php 0.00 / $ 0.00 |
| Record of Transactions | Upon request |
| Other Charges | |
|---|---|
| Passbook Replacement | Php 100.00 / $ 5.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | Php 0.00 / $ 0.00 |
Interbranch/interoffice deposit/withdrawal transaction, except transactions made between and among —
|
Php 100.00/Php 200.00 |