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    Description

    PESO SAVINGS ACCOUNT

    1. Minimum - Initial Deposit Php1,000.00
    2. Monthly Maintenance Charge
    a. Active Accounts No interest shall be paid if balance falls below the monthly average daily balance of Php1,000.00
    Php100.00 per month if balance falls below the monthly average daily balance of Php1,000.00 for two (2) consecutive months
    b. Dormant Accounts Php100.00 per month if the account is inactive for two (2) years and Php100.00 per month if balance falls below the monthly average daily balance of Php1,000.00
    3. Closing of Accounts Php100.00 if account is closed within 60 days from date of opening
    4. Accounts with Automatic Transfer Arrangements Php100.00 penalty charge per month if balance falls below the required balance of Php10,000.00 for individual and Php20,000.00 for corporation
    5. Lost Passbook Php100.00 charge for the issuance of a new passbook
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