Japanese Yen Savings

Keep your Japanese Yens safe and monitor your savings grow through passbook.

 

FEATURES

Minimum Initial Deposit JPY 50,000.00
Minimum MADB Requirement (1) JPY 50,000.00
Minimum Balance to Earn Interest na
Gross Interest Rate Per Annum na

(1)MADB – Monthly Average Daily Balance

 

FEES & CHARGES

Account Closure (2) JPY 500.00
Falling Below Minimum Balance (3) JPY 500.00
Account Dormancy (4) JPY 60.00 (4)
Withholding Tax for Interest Earned na

(2) Account Closure Fee will be collected if account is closed within 30 days from account opening.
(3) Falling Below Minimum Balance Fee will be collected if account falls below the required minimum MADB for two consecutive months.
(4) Account Dormancy Fee will be collected if account is dormant and falls below the minimum MADB.

  • A savings account is dormant if it has no client-initiated activity for two (2) years.
  • Collection will start five (5) years after the last client-initiated activity date.
  • The revised collection and dormancy fee is effective April 25, 2017.

 

For more information, please feel free to call BDO Customer Contact Center at 8 631-8000 or visit your preferred BDO Branch.

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Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000.