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Kabayan Savings

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

  1. Initial deposit requirement - USD 100.00
  2. Minimum monthly ADB requirement - USD 0.00
  3. Minimum balance to earn interest - USD 200.00
  4. Interest rate – 0.25%

SERVICE FEES & CHARGES

  1. Account closure within 30 days - USD 5.00
  2. Below minimum balance - N/A
  3. Withholding tax for interest earned – 7.50%

 

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  • Minimum Balance
    USD 0.00
  • Initial Deposit
    USD 100.00
  • Interest
    0.25%
  • Minimum Balance to Earn Interest
    USD 200.00
  • Fee for falling below minimum balance
    N/A
  • Dormancy Fee
    USD 5.00
 
 
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