- A Peso or US Dollar Savings and Time Deposit Account for Individuals 60 years old and above
- Can be opened singly or jointly, provided one of the account holders is 60 years old and above
- Higher interest rate than regular Savings and Time Deposit Account
- Peso Savings Account that offers option for an ATM Card that can be used for Point-of-Sale and online purchase transactions
- Priority servicing of deposit and withdrawal transactions
- Initial deposit requirements
- Savings Account: P5,000.00 or US$100.00
- Time Deposit: P50,000.00 or US$1000.00
- Tenure (Time Deposit): 18days to 365 days
| PESO ACCOUNT | |
|---|---|
| Initial Deposit | P5,000.00 |
| Minimum Daily Balance Requirement | P5,000.00 |
| ADB to earn interest | P5,000.00 |
| US DOLLAR ACCOUNT | |
|---|---|
| Initial Deposit | $100.00 |
| Minimum Daily Balance Requirement | $100.00 |
| ADB to earn interest | $100.00 |
DBP Deposit Requirements and Bank Service and ATM-Related Charges
Applicable Tax Rate under the CMEPA
Would you like to inquire further about these products and services? Call Customer Service at (02) 683-8324 or Email: customerservice@dbp.ph
