PESO ACCOUNT
- Peso or US Dollar Savings Account for kids and teens aged 19 years old and below
- Low initial deposit that allows a one (1) year grace period from account opening which builds-up the balance up to the required ADB to earn interest
- Higher interest rate than a regular savings account
- Initial deposit of P100 or US$50
| During Build-Up Period | |
|---|---|
| Initial Deposit | P100.00 |
| Minimum Daily Balance Requirement | P100.00 |
| ADB to earn interest | P1,000.00 |
| After Build-Up Period | |
| Initial Deposit | – |
| Minimum Daily Balance Requirement | P1,000.00 |
| ADB to earn interest | P1,000.00 |
US DOLLAR ACCOUNT
| During Build-Up Period | |
|---|---|
| Initial Deposit | $50.00 |
| Minimum Daily Balance Requirement | $50.00 |
| ADB to earn interest | $100.00 |
| After Build-Up Period | |
| Initial Deposit | – |
| 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
