Regular Savings
Is an interest bearing deposit which is withdrawable by the presentation of duly accomplished withdrawal slip and evidence by a depositor's passbook.
- ₱100.00 pesos to open an account
Kiddie Savers Club
Is a savings account intended for children from 0 to 19 years old to let them learn the value of saving money while they are still young. It is an interest bearing deposit which is withdrawable anytime during banking hours.
- ₱100.00 pesos to open an account
Qualified Clients
- Any individual ages 0 months to 19 years old (BSP circular 992)
- Any prospective client introduced by an officer or staff to the bank or by a responsible person acceptable to the bank.
- Walk-in client with acceptable identification papers.
- Parents or guardians for their minor children or wards in the name of the parent guardian in trust for (ITF) the minor.
Micro Savings
Is a savings account that caters to the need of basic sectors, low income clients and those who are unserved or underserved by the financial system.
- Savings Deposit - Micro Housing
- Savings Deposit - Micro Asenso
Time Deposit
A deposit placement where a specific amount is given a predetermined rated for fixed term is evidenced by a Certificate of Time Deposit (CTD).
Kiddie Time Deposit
A time deposit intended for children 0 to 19 years old with a fixed term of 5 years. Evidenced by a time deposit certificate.
Micro Time Deposit
A time deposit intended for micro-entrepreneurs with a fixed term of 5 years. Evidenced by a time deposit certificate.
Combo and Regular Checking Account
Checking account refers to a deposit account which allows the holder of the account the ability to write checks against their deposits. Non interest bearing deposit, initial deposit of ₱20,000.00 (Combo Account) and ₱5,000.00 (Regular Current Account).
Saveplus (Basic Deposit with Micro Insurance)
To speed up the drive for distribution of Micro Insurance protection for small income earners through the selling of a gift certificate for Savings and Security.
Value of Certificate
Cost of micro insurance + ₱100 pesos for savings account (₱440.00 for 1 unit of micro insurance and ₱100.00 for savings account for the total of ₱540.00).
Who can avail this certificate?
Anyone of legal age after filling up the CIS and qualifying under KYC can purchase a gift certificate for savings and security.
Who can be recipient?
Anyone form ages 18 to 70 years old.
