PESO SAVINGS ACCOUNT | PASSBOOK AND ATM | ATM |
---|---|---|
Initial Deposit requirement | Php 10,000.00 | Php 2,000.00 |
Minimum monthly ADB requirement | Php 10,000.00 | Php 2,000.00 |
Minimum balance to earn interest | Php 100,000.00 | Php 100,000.00 |
Interest rate per annum | 0.010% | 0.010% |
Account closure within 30 days | Php 500.00 |
Below minimum balance | Php 300.00 |
Withholding tax per interest earned | 20% |
Dormancy Fee | PHP 30.00 |
DOLLAR SAVINGS ACCOUNT | PASSBOOK |
---|---|
Initial deposit requirement | USD 500.00 |
Minimum monthly ADB requirement | USD 500.00 |
Minimum balance to earn interest | USD 10,000.00 |
Interest rate per annum | 0.00% |
Account closure within 30 days | USD 10.00 |
Below minimum balance | USD 10.00 |
Withholding tax per interest earned | 15% |
Dormancy Fee | PHP 30.00 |
CHECKING ACCOUNT | PERSONAL CHECKING ACCOUNT (Checkbook,Passbook,ATM) |
CORPORATE ACCOUNT (Checkbook,Passbook) |
---|---|---|
Initial deposit requirement | Php 10,000.00 | Php 20,000.00 |
Minimum monthly ADB requirement | Php 10,000.00 | Php 20,000.00 |
Interest rate per annum | 0.000% | 0.000% |
Account closure within 30 days | Php 500.00 |
Below minimum balance | Personal Account: Php 300.00 Corporate Account: Php 500.00 |
Checkbook | Php 350.00 |
Dormancy Fee | PHP 30.00 |
For Drawee Bank | Php 1,000.00 |
For Presenting Bank | Php 1,000.00 |
Bank Penalty | Php 200.00/day for every Php 40,000.00 check amount |
Upon Application | Php 300.00/check |
Upon Receipt From PCHC | Php 1,000.00 |
Term | Placement Amount | PHP 100,000 |
---|---|---|
30 Days | 100,000.00 | 0.010% |
90 Days | 100,000.00 | 0.010% |
*Interest earned is subject to 20% withholding tax.
Documentary Stamp Tax of Php1.50 for every Php200 or fractional part thereof, upon opening or renewal/roll-over of account, shall be paid by the client and may be collected from the principal balance or earned interest thereof.
Term | USD 2,000 |
---|---|
30 Days | 0.010% |
1 Year | 0.010% |
*Interest earned is subject to 15% withholding tax
PRA Speacial Savings Account | Rates | |
---|---|---|
Peso | 0.010% | Interest earned is subject to 20% withholding tax. Documentary Stamp Tax of Php1.50 for every Php200 or fractional part thereof, upon opening or renewal/roll-over of account, shall be paid by the client and may be collected from the principal balance or earned interest thereof. |
Dollar | 0.010% | Interest earned is subject to 15% withholding tax. |