The PNB Combo Checking account allows the simultaneous opening and linking of a checking account and a passbook savings account. It has a provision for the automatic transfer of funds from the savings account to the checking account to cover the amount of checks issued.
Product Features:
- Monitor check issuances
- Manage funds effectively
- Easily reconcile check issuances
- Interest-earning savings account
- Free transfer of funds from Savings Account to Checking Account
Requirements for Account Opening:
- 2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)
- 2 ID pictures (1×1 or 2×2)
- Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form
Required Initial Deposit:
For Individual Savings Account – Php 25,000.00
For Corporate Savings Account – Php 50,000.00
Combo Checking Account Fees and Charges
| Balance Requirement | ||||
|---|---|---|---|---|
| Individual | Corporate | |||
| Savings | Checking | Savings | Checking | |
| Initial Deposit | Php 25,000.00 | Php 0.00 | Php 50,000.00 | Php 0.00 |
| Minimum Maintaining Balance | Php 25,000.00 | Php 0.00 | Php 50,000.00 | Php 0.00 |
| Minimum ADB to Earn Interest | Php 25,000.00 | Php 0.00 | Php 50,000.00 | Php 0.00 |
| Interest Rate Effectivity Date: February 1, 2015 |
0.100% p.a. | n.a. | 0.100% p.a. | n.a. |
| Dormancy | 2 years | 1 year | 2 years | 1 year |
| **Dormancy Fee | Php 30.00 | n.a. | Php 30.00 | n.a. |
| Other Charges | ||||
|---|---|---|---|---|
| Passbook replacement | Php 100.00 | n.a. | Php 100.00 | n.a. |
| Checkbook cost | n.a. | Php 175.00 | n.a. | Php 350.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | Php 300.00 | n.a. | Php 300.00 | n.a. |
|
Interbranch/interoffice deposit transactions Except transactions made between and among the following branches –
|
Free Php 100.00 |
Free Php 100.00 |
Free Php 100.00 |
Free Php 100.00 |
|
Interbranch/interoffice withdrawal transactions Except transactions made between and among the following branches –
|
Free Php 200.00 |
Free Php 200.00 |
Free Php 200.00 |
Free Php 200.00 |
** Dormancy fees on a dormant deposit accounts shall be collected when:
– 5 years after the last activity and
– If the balance falls below the required minimum maintaining balance.
The Combo Checking Account is available at all PNB branches nationwide.