Kabayan Savings - Mobile
The Kabayan Dollar Savings Account is a US Dollar Denominated (USD) fixed interest-bearing savings account designed for Overseas Filipino Workers and their beneficiaries. They can deposit and withdraw through the passbook and also will be given an international ATM card.
FEATURES
Initial deposit requirement - USD 100.00
Minimum monthly ADB requirement - USD 0.00
Minimum balance to earn interest - USD 200.00
Interest rate – 0.05%
SERVICE FEES & CHARGES
Account closure within 30 days - USD 10.00
Below minimum balance - N/A
Withholding tax for interest earned -15%
Dormancy Fee - USD 0.60
Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000.