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Card Issuing Services

DBP Debit Card

      • Card Features

        • Cash withdrawal through local and international ATMs
        • Payment for goods and services via POS Terminals and IPGs through the BancNet and Visa networks
        • 5 year card validity

Account Features

        • Linked to a savings or current account
        • Interest earning
        • P100.00 maintaining balance

DBP Prepaid Card

Card Features

        • Cash withdrawal through local and international ATMs
        • Payment for goods and services via POS Terminals and IPGs through the BancNet and Visa networks
        • Card design may be personalized
        • 5 year card validity

Amount Features

        • No maintaining balance
        • Non-interest earning
        • Maximum card load value is P100,000.00

Regulatory Considerations

        • DBP Prepaid Card is considered as E-money and shall mean monetary value as represented by a claim on its issuer, that is –
          • electronically stored in an instrument or device;
          • issued against receipt of funds of an amount not lesser in value than the monetary value issued;
          • accepted as a means of payment by persons or entities other than the issuer;
          • withdrawable in cash or cash equivalent; and
          • issued in accordance with this MORB Section 702. Issuance and Operations of Electronic Money
        • DBP Prepaid Card, as it is considered as an E-money, may only be redeemed at face value. It shall not earn interest nor rewards and other similar incentives convertible to cash, nor be purchased at a discount.
        • E-money is not considered a deposit; hence, it is not insured with the PDIC. DBP Prepaid Card as E-money instrument issued shall be subject to aggregate monthly load limit of P100,000 unless a higher amount has been approved by the Bangko Sentral.

DBP ATM Card Terms and Conditions

EMV Frequently Asked Questions 

 

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