Deposit Accounts

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HomePersonal BankingDeposit AccountsDirect Deposit Program

The PNB Direct Deposit Program is a service wherein the pension/benefit payments of the pensioners/beneficiaries of the US Federal Agencies are directly credited to their accounts maintained with any PNB domestic branch nationwide. Available in Peso or Dollar currency.

Product Features:

  • Interest-earning account*
  • Monitor account by updating the passbook
  • Deposit/Withdraw at PNB's extensive branch network nationwide

    *For Direct Deposit Peso account, ADB must be Php 5,000.00 to earn interest. For Direct Deposit Dollar account, ADB must be $ 1,000.00 to earn interest.

Requirements for Account Opening:

  • USTW checks, US Social Security ID, Letter from the US Federal Agencies
  • 2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)
  • 2 ID pictures (1x1 or 2x2)
  • Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form

Required Initial Deposit:
Peso account - Php 100.00
Dollar account - $200.00

Direct Deposit Program Fees and Charges

Balance Requirement
  Peso Dollar
Initial Deposit Php 100.00 $ 200.00
Minimum Maintaining Balance Php 100.00 $ 200.00
Minimum ADB to Earn Interest Php 5,000.00 $ 1,000.00
Interest Rate 0.100% p.a.
Effectivity Date: February 1, 2015
0.100% p.a.
Dormancy Fee Php 110.00  $ 10.00
Other Charges
  Peso Dollar
Passbook Replacement Php 100.00 $ 5.00
Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. Php 55.00 $ 10.00

The PNB Deposit Program is available at all PNB branches nationwide.

Download Application Form