Other Currency Accounts


Terms And Conditions
Fees and Charges
Data Privacy Consent Form

Preferred Dollar Savings

Description:

  • An interest-bearing dollar denominated passbook account, which allows deposits and withdrawals anytime.
  • Funds earn interest.
  • Deposits are insured by PDIC up to P500,000 per depositor.

Details Terms
Minimum Initial Deposit N.A.
Minimum Maintaining Balance (ADB) USD 500
Interest Earning Balance (ADB) USD 500
Interest Rate 0.05% p.a.
Withholding Tax 7.5%
Term/Repricing Cycle N.A.
Interest Credited Quarterly
Fund Access Interbranch transactions, Internet* and Mobile Banking*
Transaction Record Passbook
Deposits are insured by PDIC up to P500,000 per depositor.
Charges/Fees
Early Closure (accounts closed within 30 days from opening) Php 110
Early Closure (accounts closed within 30 days from opening) USD 5
Below Maintaining Balance USD 5
Lost Passbook Php 100
Others N.A.


Preferred Dollar Time

Description:

  • Certificate of deposit (in dollars) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.

Details Terms
Minimum Placement USD 1,000
Minimum Maintaining Balance (ADB) N.A.
Interest Earning Balance (ADB) USD 1,000
Interest Rate Based on market rates
Withholding Tax 7.5%
Term/Repricing Cycle 30, 60, 90, 120, 180, 360 days
Interest Credited At maturity
Fund Access Branch of account renewal, viewing for internet and mobile banking
Transaction Record Certificate of Time Deposit
Deposits are insured by PDIC up to P500,000 per depositor.
Charges/Fees
Early Closure (accounts closed within 30 days from opening) N.A.
Below Maintaining Balance N.A.
Inactivity Fee N.A.
Lost Passbook N.A.
Others Pre-termination: interest based on prevailing savings rate


Preferred Foreign Currency Savings

Description:

  • Third currency denominated passbook account, which allows deposits and withdrawals anytime.
  • Deposits are insured by PDIC up to P500,000 per depositor.
  • Available in selected branches only

Details Terms
Minimum Initial Deposit N.A.
Minimum Maintaining Balance (ADB) EUR 500 / JPY 50,000 / CNY 500
Term/Repricing Cycle N.A.
Charges/Fees
Early Closure (accounts closed within 30 days from opening) EUR 5 / JPY 500 / CNY 50
Below Maintaining Balance EUR 5 / JPY 500 / CNY 50
Lost Passbook Php 100